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Devastating Wildfires Cause Record Emissions in Northern Hemisphere
Europe’s Copernicus Atmosphere Monitoring Service (CAMS) has been closely monitoring a summer of extreme wildfires across the Northern Hemisphere, including intense hotspots around the Mediterranean basin and in North America and Siberia. The intense fires led to new records in…
EBRD Launches Energy Compact for its Urban Sustainability Programme
The European Bank for Reconstruction and Development (EBRD) is launching its own Energy Compact to support the energy transition, focussed on investments within its flagship urban sustainability programme, EBRD Green Cities. The Compact is a response to the United Nations’…
New Global Methane Pledge Aims to Tackle Climate Change
A new joint agreement by the European Union and the United States to cut global methane emissions by 30 percent by 2030 could mark a crucial step in tackling climate change and getting the world closer to the goals of…
Why Public Finance for Climate Matters
The Presidents of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), Odile Renaud-Basso and Werner Hoyer, appealed yesterday for urgent action on climate change, while comparing their complementary work on tackling it in their…
Zero waste to landfill achieved at ABB’s Frosinone factory in Italy
Zero production waste to landfill has been achieved at ABB Smart Power’s manufacturing unit in Frosinone, Italy — 14 years ahead of the European Union’s Circular Economy Package target of no more than 10 percent landfilling by 2035. Driven by…
EBRD Calls for an Increase in Rail Investment in the Western Balkans
As one of the major multilateral investors in the Western Balkans, the European Bank for Reconstruction and Development (EBRD) has issued an appeal for more investment in the region’s railway sector to address the climate change emergency and improve connectivity.…
The Role of Resource Extraction in a “Circular” World
If the latest major report on global warming makes one thing clear, it’s that humanity must transition to a low-carbon economy, and fast. To do that, many countries are embracing what’s known as circularity, the idea that humanity should reuse…