Tag: Romania

Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025

The European Bank for Reconstruction and Development (EBRD) is investing  EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This is Romania’s...

EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...

Fast-Growing EBRD Green Cities Signs up 50th member, Medias

The EBRD’s fast-expanding EUR 3 billion urban sustainability programme, EBRD Green Cities, has reached a new growth milestone, with Medias in Romania becoming the 50th city to sign up to improve the...

EBRD and EU Advance Honey Producer’s Development in Moldova

Nestled in the picturesque village of Costești, Moldova, Regina Naturii manufactures and trades jars of delicious natural delicacies. The honey producer may well have borrowed its work ethic from industrious bees in...

Marked Improvement in Europe’s Air Quality Over Past Decade

The EEA’s ‘Air quality in Europe — 2020 report’ shows that six Member States exceeded the European Union's limit value for fine particulate matter (PM2.5) in 2018: Bulgaria, Croatia, Czechia, Italy, Poland,...

How the Platform On Sustainable Finance Will Help Define Our Green Future

With an ever more ambitious global green agenda coming into focus, states, markets, blocs and businesses are working to go carbon-neutral in time to keep world temperature rises from exceeding 2C and,...

Renewables Could Cover More Than One-Third of Energy Demand in CESEC

Within ten years, the economies of Central and South Eastern Europe could cover 34 percentage of their rising energy demand cost-effectively with renewables, a new report by the International Renewable Energy Agency...

The Black Sea Region’s Renewable Energy Potential on the Agenda

In less than a month the energy community will get together online to discuss the renewable energy potential of the Black Sea countries. The high-level international investment conference Energy Week Black Sea will...

Kigali Amendment Hits Milestone 100th Ratification, Boosting Climate Action

The Kigali Amendment to the Montreal Protocol, an international agreement to cut the use of climate-warming hydrofluorocarbons (HFCs), has reached a major milestone, with Liberia becoming the 100th nation to ratify the...

Sun, Wind and Biomass for Clean Energy

Vojvodina has a great potential for energy production from renewable sources. How much these resources will be used, and to what extent industrial entities will be environmentally conscious, depends most on the...

Can by Can – Yes, I Can!

All good ideas have something in common – it always appears to be some ever so logical and simple solution where such an idea found its implementation. The same goes for the...

EFSE and BT Mic Join Forces to Provide Local Currency Financing for Romanian MSEs

The European Fund for Southeast Europe (EFSE) has provided BT Microfinanțare (BT Mic), part of Banca Transilvania Financial Group, with a second loan in Romanian leu equivalent to EUR 7 million to...

41 European Mayors Declare Support for a Just Transition from Coal

A group of 41 mayors from 10 coal regions in 9 European countries are launching a statement supporting a just transition to the post-coal era. Two of the mayors - from the...

Giant African Baobab Trees Die Suddenly after Thousands of Years

Some of Africa’s oldest and biggest baobab trees have abruptly died, wholly or in part, in the past decade, according to researchers.The trees, aged between 1,100 and 2,500 years and in some...

Romania Breaks Up Alleged €25m Illegal Logging Ring

Romania’s security forces have mounted a series of raids to break up an alleged €25m illegal logging ring, in what is believed to be the largest operation of its kind yet seen...

Two Studies Reveal Amazing Resilience of Older Forests

Maybe you can't teach an old dog new tricks, but two recent studies revealed that old forests around the world are full of surprises.In Europe, scientists working to complete the first ever...

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