EBRD is providing a €7 million loan to UniCredit Bank dd Mostar in Bosnia and Herzegovina through the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.
All new buildings should be zero-emission as of 2030; new buildings occupied or owned by public authorities should be zero-emission as of 2028.
Three organizations have announced an international alliance to unlock the sustainable finance needed for the built environment to play its role in meeting global climate goals.
UBM Development Czechia announced a significant milestone in sustainable construction in the Czech Republic, allowing the construction of wooden buildings up to 22.5 meters.
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
The Galați County Council has approved a thermal rehabilitation and energy modernization project of the facilities related to the Galati County Hospital.
Sustainability in office design should be considered as an integral and systemic approach, rather than a series of isolated actions, says Horatiu Didea, Managing Partner of Workspace Studio.
Simtel, a Romanian engineering and technology company, has announced the completion of the construction of a photovoltaic power plant for Kindergarten Nr. 2 from the city of Petroșani.
A new report has explored how ESG is helping real estate investors maximize their returns.
The real estate developer Impact Developer & Contractor has completed a photovoltaic park consisting of 1,297 panels and with a total capacity of 700 kWp in the Greenfield Băneasa neighborhood of the Capital.
Ecological problems in construction represent major concerns for more than 60% of Romanians.
Sonae Sierra announced that it is improving its ESG practices with international recognition.
Schneider Electric, together with Boston University, announced a first-of-its-kind study that finds that more than 2 million new jobs and up to 141 million additional job years can be created in Europe and the United States by adopting clean energy technologies in new and retrofitted buildings.
Atria Urban Resort, a residential complex developed in the north-western area of Bucharest by EVERGENT Investments, in partnership with Cityring Development, has installed 296 solar panels that will produce energy for heating domestic hot water.
Romanians believe that innovation and modernity offer significant opportunities for environmental issues, and their level of openness and trust in sustainable construction materials is constantly increasing.
The first environment-friendly kindergarten will be built in the Noua district by two companies from Brașov.
Wing has published its second ESG report, providing information about its environmental, social, and governance efforts, as well as its goals, the measures it has taken and the results it has achieved in 2022. The report has been prepared in accordance with the company's first comprehensive ESG strategy, which will be finalised soon.
PPF Real Estate's two office buildings in central Bucharest - Crystal Tower and Metropolis - are now running partially on solar power after their rooftops were successfully converted into photovoltaic sites.
A sustainable building, whatever its destination, can be 15-20% more expensive than an ordinary one, says Marian Ciupitu, General Manager of Terano Construct. He talked to Green Forum about the company's ESG strategy and about the advantages of a sustainable building. He also says that Romania is continually improving its position regarding environmentally friendly constructions, but compared to Western European countries, Romania is still far from being a role model in this aspect. Marian Ciupitu specifies that the company strives to develop sustainable buildings that reduce the impact on the environment, improve the lives of communities, and promote high standards of ethics and transparency in all operational aspects.
Romania produces on average over 3 million tons of construction waste annually.
Speedwell, a real estate developer in Romania, published its 2022 Sustainability Report, the first official ESG reporting document of the company.
Industrial & logistics spaces will play a crucial role in solar energy, as more than half of it will be provided by rooftop solar PV by 2030, according to a study from CBRE.
Lack of education in terms of ESG (environmental, social, and governance) and a poor number of good practice solutions are two of the challenges in the field, says Matius Ichim, Architect at Matius Studio and owner of the retail platform www.prioretail.ro. He talked to Green Forum about the advantages of a sustainably built commercial space. He says that 15-20% of the operating networks in Romania have started implementing ESG key principles in their fit-out design and close to 5% in full sustainable standards.
The number of "green" or smart projects has increased by 100% in the last 10 years.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
