Tag: biodiversity (4 articles)

Business   |   21 April, 2023 at 1:31 PM

OMV Petrom finances conservation of biodiversity

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.

Regulation   |   19 April, 2023 at 5:04 PM

EP adopts new law to fight global deforestation

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.

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Business

Greenvolt Next to install solar plant for Agro Cluj

Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.

Real estate

EU and EIB Group to boost affordable housing

The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.

Finance

EU approves €436 million aid for hydrogen in Austria and Lithuania

The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.