The EBRD and the European Union are stepping up their support for green investments and climate resilience in Egypt, Morocco and the countries of the Eastern Partnership.
A group of US congressmen filed a bipartisan House companion bill of the US Senate’s Protecting Europe’s Energy Security Clarification Act, that would clarify and expand sanctions on the construction of the Nord Stream 2.
Thirty-three leading energy companies and associations, including MOL, PGNiG and ACUEA, are calling for a Hydrogen Strategy, inclusive of all clean hydrogen pathways.
In 2017, environmental protection expenditure accounted for only 0.8% of the EU's GDP. It is indeed the private investment that is essential for the success of the sustainable finance concept.
The EIB is lending around 300 mln euros to finance measures put in place by the Czech Ministry of Agriculture to strengthen the country’s water management services.
Heating solutions based on renewable gases are essential for a fast, safe, affordable and sustainable decarbonisation of the building sector.
Sustainable finance could step in as an opportunity to rebuild national economies and help the transition into a greener and low-carbon future.
Poland’s energy market looks a bit unclear. It has experienced strong growth in renewable energy but coal still dominates the power sector. However, the Ministry of Climate is trying to change people’s preconception of Poland as a coal state.
International energy group Sev.en Energy is acquiring US-based metallurgical coal producer Blackhawk Mining, being advised by leading law firm Dentons.
Deployment of renewable energy sources is among the long-term investments proposed by Lithuania’s Ministry of Finance to help the national economy recover after the pandemic.
ROMGAZ signed a Memorandum of Understanding with LIBERTY Galati on establishing a joint venture company with the aim of developing greenfield investment projects.
Poland’s power industry group Enea is the country’s second most responsible energy company according to a ranking published by the Kozminski University and the Responsible Business Forum.
Representatives of the Polish government and entrepreneurs from the offshore wind industry signed a Letter of Intent on cooperation for the development of offshore wind power.
The construction of the gas pipeline under the Neris River, part of the Gas Interconnection Poland–Lithuania (GIPL) project, has been successfully completed.
The EU launched the Just Transition Platform (JTP), to help Member States accessing over 150 billion euros of funds. Coal regions don’t have to die but they can play an active role in the energy transition.
Getting to net-zero by 2050 will require tremendous effort from the private sector to make timely and sufficient steps towards decarbonisation. Each industry faces different obstacles, therefore the path they choose may also diverge.