Environment | 22 August, 2023 at 1:05 PM
Forest owners receive compensation for uncut wood
The European Commission approves a €200 million Romanian scheme aimed at compensating forest owners for logging restrictions.
The European Commission approves a €200 million Romanian scheme aimed at compensating forest owners for logging restrictions.
The EU must have restoration measures in place by 2030 covering at least 20% of its land and sea areas, say MEPs.
The Civil Society Development Foundation, ProPark, and the OMV Petrom Foundation launch the "Green for the Future" program. The program is dedicated to biodiversity conservation and the responsible development of local communities in protected areas. The OMV Petrom Foundation fully finances the program in the amount of €800,000 in the 2023 edition.
The European Parliament adopts new law to fight global deforestation. An area larger than the EU was lost to deforestation between 1990 and 2020, with EU consumption causing around 10% of losses. The new law is the key to the fight against climate change and biodiversity loss.
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.
Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
The European Commission has given the green light to a €790 million state aid package for Romania.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
