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EBRD EUR 4 Million Loan to Partner Microfinance Institution in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) is supporting green investments in Bosnia and Herzegovina with a EUR 4 million loan to Partner Mikrokreditna Fondacija Tuzla (Partner) through the Bank’s Western Balkans Green Economy Financing Facility (WB GEFF II).…
Time to Decarbonize Transport for a Green, Resilient and Inclusive Recovery
At a time when we face enormous challenges brought on by the COVID-19 pandemic, it is heartening to see the world mobilizing as never before to tackle the looming crisis of global warming. From renewable energy to carbon markets to sustainable…
Fast-Track Energy Transitions to Win the Race to Zero
Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (IRENA). Renewable power, green hydrogen and modern bioenergy will dominate the world of energy in the future. Previewed…
Airbus Plans to Launch a Carbon-Free Aircraft by 2035
Airbus has unveiled three visual concepts for “zero emission” airplanes to be powered by hydrogen. It is the planemaker’s latest effort to draw public attention to its “zero-emission” ambitions as European governments push for cleaner technology in their post-COVID recovery…
Wider Use of Carbon Markets to Boost Net-Zero Future
If more countries start recognizing the catalytic potential of carbon markets, the cost of achieving their climate mitigation targets will go down. This will make it easier for countries to step up ambition of their climate efforts and aligning more…
Massive Reforestation Is Key to Averting a Climate Catastrophe
Restoring the world’s forests on an unprecedented scale is “the best climate change solution available”, according to a new study. The researchers claim that covering 900m hectares of land – roughly the size of the continental US – with trees…
U.S. Carbon Emissions Spiked 3.4% in 2018, Second-Largest Increase Since 1996
Carbon emissions in the U.S. experienced a sharp upswing in 2018, despite a record number of coal-fired power plant closings, according to new data. An analysis released by the research firm Rhodium Group Tuesday shows that emissions rose by 3.4 percent last year—the…