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Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according…
COVID-19 and the Risk to Food Supply Chains
As the COVID-19 pandemic turns into a global crisis, countries are taking measures to contain the pandemic. Supermarket shelves remain stocked for now. But a protracted pandemic crisis could quickly put a strain on the food supply chains, which is…
Air Pollution Goes Down as Europe Takes Hard Measures to Combat Coronavirus
The European Environment Agency’s (EEA) data confirm large decreases in air pollutant concentrations — of nitrogen dioxide (NO2) concentrations in particular — largely due to reduced traffic and other activities, especially in major cities under lockdown measures. Reductions of around…
EBRD Unveils €1 Billion Emergency Coronavirus Financing Package
The EBRD has unveiled an emergency €1 billion “Solidarity Package” of measures to help companies across its regions deal with the impact of the coronavirus pandemic. This is an initial response to the crisis and the Bank stands ready to…
Member States Must Cut Emissions Across All Sectors to Achieve EU Climate Targets
Emission cuts in the European Union’s (EU) Effort Sharing sectors need to accelerate considerably from 2018 onwards to achieve the current EU 2030 targets, according to a European Environment Agency (EEA) briefing, published recently. In particular, the large amount of…
Europe Has Warmest Winter on Record
The past winter was by far the warmest on record for Europe, according to the Copernicus Climate Change Service It was the second warmest February, both globally and for Europe. From December 2019 to February 2020, there was persistent mild…
EBRD and Donors Boost Green Financing in the Region
The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains and plains enabling wind power, its underdeveloped solarenergy,…