decarbonisation
How Solar Water Heaters Industry Benefits the Local Economy
Heating and cooling account for nearly half of global final energy consumption, but most of the energy use is currently generated from fossil fuels. With the declining costs of renewable energy, solar has become especially attractive for water heating. Just…
Support to Scale up Renovation of Private Residential Buildings and Cut Emissions
Addressing a core issue in the effort to improve the use of energy in Lithuania, the European Bank for Reconstruction and Development (EBRD) is lending EUR 67.5 million to support an innovative scheme to scale up renovation of residential multi-apartment…
Hydrogen Can Reduce Reliance on Fossil Fuels and Support Green Transition
The European Bank for Reconstruction and Development (EBRD) and the Gas Transmission System Operator of Ukraine (GTSOU) are joining forces to promote the development and use of hydrogen in Ukraine. The partners have signed an agreement to formalise their cooperation…
EBRD supports coal transition in Kragujevac, Serbia
Kragujevac, the fourth-largest city in Serbia, will make a big leap in its transition away from coal, thanks to an EUR 18 million loan provided by the European Bank for Reconstruction and Development (EBRD) for the decarbonisation of the district…
EBRD Announces Full Paris Alignment by end-2022
The European Bank for Reconstruction and Development will from the end of 2022 align all its activities with the goals of the Paris Agreement, aiming to accelerate decarbonisation across its regions, supporting them to reach net-zero emissions by mid-century. The…
Hydrogen study explores potential of technologies and utilisation in the Energy Community
Hydrogen has attracted worldwide interest as one of the potential solutions for hard to decarbonize sectors and became an integral part of many countries’ energy transition plans. How hydrogen could aid the decarbonization efforts of Energy Community Contracting Parties was…
$200 Million More For Electric Vehicles, Batteries, & Connected Vehicles From US Department Of Energy
The U.S. Department of Energy (DOE) today announced $200 million in funding over the next five years for electric vehicles, batteries, and connected vehicles projects at DOE national labs and new DOE partnerships to support electric vehicles innovation. “We’re focusing…