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EBRD and Ascendis Launch Regional IncubatorX SME Programme
The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who will support them in turning their ideas into…
EBRD Invests 5 Million Euros in Lithuanian Green Bond to Accelerate Regional Renewables
The European Bank for Reconstruction and Development (EBRD) is investing 5 million euros in a 25 million euros Green Bond issued by UAB Atsinaujinančios Energetikos Investicijos (AEI). AEI is a Lithuanian fund and renewable energy developer managed by Lords LB Asset Management,…
COP26 Climate Pledges Could Help Limit Global Warming to 1.8 °C, but Implementing Them Will Be the Key
At the COP26 Climate Change Conference taking place in Glasgow, a key question is what do all the new pledges by different countries to reduce emissions mean for global warming? This was a central question we addressed in the IEA’s…
Ministerial Council decides in the Tuzla 7 case
At its meeting yesterday, the Ministerial Council decided that Bosnia and Herzegovina breached its obligations under Energy Community law with regard to the Tuzla 7 project. The public utility Elektroprivreda Bosne i Hercegovine intends to build a new lignite fired…
What Does COP26 Mean for Adaptation?
As the UN Climate Change Conference of the Parties (COP26) came to a close, news agencies and bloggers ploughed through the Glasgow Climate Pact to make sense of the commitments made to reducing greenhouse gas emissions. But largely lost among…
COP26 Ends With Agreement But Falls Short on Climate Action
Whilst the Glasgow Climate Pact agreed at COP26 on Saturday firms up the global commitment to accelerate action on climate this decade, it left many wondering if this deal is enough to limit global warming to 1.5°C over pre-industrial levels. “It is an important…
Global survey shows hardly any support for net-zero pledges with carbon offsets
Yet as nations began wrapping up the difficult talks at the UN Climate Change Conference, also known as COP26 in Glasgow, false solutions, such as net-zero offsets and carbon markets ended up on the agenda. Now climate negotiators and youth activists…