The Government adopted an Emergency Ordinance that amends and completes the Government Emergency Ordinance no. 196/2005 regarding the Environment Fund. Through this amendment, the financing, from the Environment Fund, of projects to expand, convert or modernize natural gas transmission and distribution networks is allowed. These investments are conditional on the adaptation of networks to integrate […]
Hydropower facilities, such as the one in Răstoliţa, must be finished as soon as possible, of course by complying with all procedures, European directives and studies, said, on Tuesday, in a specialized conference, the Minister of Environment, Water and Forests, Mircea Fechet. “Beyond my capacity as Minister of the Environment, Waters and Forests, I cannot […]
The European Bank for Reconstruction and Development (EBRD) is providing a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and Herzegovina, to develop and construct a 50 MWp solar power plant on a former coal ash landfill site. In addition to its own financing, […]
The plans for the greening of energy and the economy in the European Union of the previous composition of the European Commission, announced in 2019, have since undergone a series of changes in the sense of more ambitious objectives, writes Mediapool, according to Rador Radio Romania. However, during the election of the new members of […]
The European Commission has approved, under EU State aid rules, a €99.5 million (RON 495.2 million) Romanian measure in favour of Nokian Tyres. The aid will support the establishment of a new zero carbon dioxide emission factory for passenger car tyres in Oradea. The measure will contribute to the EU’s strategic objectives relating to job creation, regional […]
PPC was included in the FTSE4Good Index Series, following an assessment conducted by FTSE Russell, a global index and data provider owned by London Stock Exchange Group. PPC, with its inclusion in the FTSE4Good, stands among globally leading companies with significant performance in Environmental, Social, and Governance (ESG) issues. In particular, PPC was rated on […]
The European Investment Bank (EIB) is lending Nokian Tyres €150 million for the construction in Romania of the world’s first plant for producing passenger car tyres without emitting carbon dioxide (CO2). The credit to Finland-based Nokian Tyres is for a state-of-the-art factory in the northwestern Romanian city of Oradea. The support highlights the EIB’s commitment […]
The European Commission has approved a €1.5 billion French scheme to support the production of sustainable biomethane to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’) adopted by the Commission on 9 March 2023 and amended on 20 November 2023 and on […]
Britain’s Labor government, led by Keir Starmer, announced on Thursday that it will partner with the business that manages the British Crown’s heritage, the Crown Estate, to boost a large state-owned energy company, with an initial investment of 8.3 billion lira (about 9.8 billion euros), reports the EFE agency. The bill includes an unprecedented agreement […]
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved its new country strategy for Poland for 2024-29. The strategy sets out the Bank’s three priorities in the country for the next five years, namely: To accelerate Poland’s green transition, the Bank will continue to support the scaling up of […]
Intrakat has undertaken a new hydraulic project, which promises to modernize the water management process in one of the country’s most important water departments and contribute to the revitalization and sustainable development of Western Greece. This is the contract “Water improvement projects of the lakeside areas of Amvrakia – Amfilochia and Valtos Phase I of […]
Under the conditions of the policy to achieve climate neutrality, industries that by definition are difficult to decarbonize are starting to adopt carbon capture and storage solutions, which will reduce their emissions in the future and ultimately save their budgets. The German group Heidelberg Materials, also active in Romania, is the first player in the […]
Assessing people’s knowledge of climate change The fight against climate change requires collective action — from governments, institutions, businesses and individuals. A good understanding of the climate challenge is essential for people to make informed choices. To assess the public’s understanding of climate change, the sixth edition of the EIB Climate Survey focuses on people’s […]
The fight against climate change requires collective action — from governments, institutions, businesses and individuals. A good understanding of the climate challenge is essential for people to make informed choices. To assess the public’s understanding of climate change in Romania, the sixth edition of the EIB Climate Survey focuses on people’s knowledge of climate change […]