Tag: European Commission (28 articles)

Regulation   |   28 March, 2023 at 3:24 PM

New law agreed to deploy sufficient alternative fuels infrastructure

The European Commission announces a new Regulation for the deployment of alternative fuels infrastructure (AFIR) sets mandatory deployment targets for electric recharging and hydrogen refueling infrastructure for the road sector, for shore-side electricity supply in maritime and inland waterway ports, and for electricity supply to stationary aircraft. This is a landmark agreement that will enable the transition to zero-emission transport and contribute to our target of reducing net greenhouse gas emissions by at least 55% by 2030.

Regulation   |   23 March, 2023 at 4:38 PM

European Commission unveils green claims rules to prevent consumer greenwashing

The European Commission on Wednesday unveiled the proposed “Directive on Green Claims,” a new set of rules requiring companies to substantiate and verify their environmental claims and labels, aimed at protecting consumers from greenwashing. Under the proposal, consumers will have more clarity, stronger reassurance that when something is sold as green, it actually is green, and better quality information to choose environment-friendly products and services.

Energy   |   23 March, 2023 at 11:26 AM

Romania receives €103 million to build electricity storage facilities

The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.

Regulation   |   17 March, 2023 at 4:09 PM

EU announces plans to lead green industrial revolution

The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition. Global investment in the green transition is set to triple by 2030 from $1 trillion last year.

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Cost remains main driver and biggest barrier in sustainability
Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.