REPowerEU: A Plan to Rapidly Reduce Dependence on Russian Fossil Fuels and Fast Forward the Green Transition
The European Commission has presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused by war in Ukraine. There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on Russian fossil fuels, which…
Who’s Afraid of Energy Crisis
The prices of fossil fuels are not standing still yet on the world market, so the kilowatts obtained from them are very expensive. It is clear that for a stable future, we need renewable energy sources (RES) that will make…
Energy Community Parliamentary Plenum Debates Energy Security Amidst Russian invasion of Ukraine
Parliamentarians of the Energy Community Contracting Parties and the European Parliament met in Brussels under the umbrella of the Energy Community Parliamentary Plenum. In the presence of EU Commissioner for Energy Kadri Simson, Members of Parliament discussed how to strengthen…
Berlin Pushes For a 60 Euros Minimum Price on EU Carbon Markets
Discounting allegations of speculation on the EU carbon market, Berlin is throwing its weight behind a minimum price of 60 euros per ton of CO2, saying it will ensure this through national measures if the EU does not take action.…
Why we Need Global Cooperation on Decarbonizing Cities and Real Estate
In an increasingly challenging and volatile world, the urgent need to decarbonize real estate remains a constant. There are no quick fixes that will suddenly transform today’s energy inefficient buildings into models of sustainable construction in the coming decades. It…
Facing Floods and Landslides, Afghans Turn to Nature for Protection
Amir Beg Khusrawi still has vivid memories of a flash flood that swept through his village in Afghanistan’s rugged northeast a decade ago. “[It] destroyed around 20 houses, claimed livestock, and damaged our agricultural lands so that even now we…
EBRD and Donors Help Reboot Small Businesses in North Macedonia
The European Bank for Reconstruction and Development (EBRD) is stepping up cooperation with Komercijalna Banka in North Macedonia by extending a new EUR 2 million credit line. The proceeds will be used to help small and medium-sized enterprises (SMEs) in…