World
EBRD loan to support green initiatives in Bulgaria and Greece
The European Bank for Reconstruction and Development (EBRD) is providing a 60 million euros loan to Bulgaria’s ProCredit Bank to finance investments that mitigate the impacts of climate change and promote environmental resilience. The proceeds of the loan will be…
EU food prices: olive oil up 75 percent since January 2021
After substantial increases in 2022, food prices in the EU continued to rise also in 2023. Data for the second and third quarters of this year show that the prices of some items registered a slower increase. In September 2023, prices of…
Doubling energy investment in Africa requires urgent action to bring down financing costs and boost access to capital
New report outlines innovative solutions for African countries to unleash the spending needed to achieve the continent’s energy and climate goals. Swift action to improve access to capital and ease financing costs is essential to unlock a wave of clean…
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever. Overall growth in electricity demand worldwide is expected to ease…
Report on the quality of EU bathing waters
The European Environment Agency (EEA) in collaboration with the Commission reports that the majority of European bathing sites meet the European Union’s highest ‘excellent’ water quality standards in 2022, maintaining the quality seen in recent years. The report, which was…
It’s time for governments and industry to act on energy efficiency
Amid a global energy crisis, policy makers, industry executives and consumers are all talking about how to bring down the cost of energy and reinforce security of supply. Often that conversation focuses on energy source we should use. Discussions on…
WORLD ENVIRONMENT DAY
World Environment Day is celebrated every year on June 5, which triggers conversations at the global level about the need to preserve the health of our planet Earth. Recognition of this day was initiated by The United Nations, and it…