The European Commission has approved 171 new projects across Europe under the LIFE Programme for Environment and Climate Action, worth more than €396 million.
Ten European cities were awarded the Label of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions in Horizon Europe.
In the coming years, Romania has at its disposal unprecedented European funds of billions of euros for the transition to an energy sector with low emissions.
2022 global economic losses from natural disasters have reached $313 billion. Romania is in second place in Europe, after Spain, in terms of forest fires. AON, one of the global leaders in the insurance broker market, announces the results of the worldwide study "Weather, Climate and Catastrophe Insight,” which measures how these elements have changed and influenced society, the economy, and the insurance system.
The EU and Norway have established a Green Alliance to strengthen their joint climate action, environmental protection efforts, and cooperation on the clean energy and industrial transition. Both sides reiterate their commitment to their respective 2030 targets of at least 55% greenhouse gas emission reductions compared to 1990, and to achieving climate neutrality at the latest by 2050.
Earth Day is celebrated every year on April 22. On this occasion, Google presents the popular searches of Romanians, related to climate change and environmental protection. Thus, climate changes and their effects on the environment, solar energy, recycling, or electric bicycles were among Romanians' searches on Google.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
