This year's Environmental Fund Administration (AFM) has a budget of over RON13.3 billion (€2.66 billion). The Casa Verde Photovoltaic program has a budget of RON2 billion (€400 million), double that of the previous session. Also, a budget of over RON1.5 billion (€300 million) is allocated for the three Rabla programs, through which the Ministry of the Environment aims to eliminate over 200,000 old cars this year.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
