ECB: EU needs €558 billion for 2030 climate goals
ECB has warned that the EU risks missing its 2030 climate targets unless it increases investment in the green economy by an estimated €558 billion annually.
ECB has warned that the EU risks missing its 2030 climate targets unless it increases investment in the green economy by an estimated €558 billion annually.
Clean electricity generation in Europe reached unprecedented levels. In the first half of 2024, renewables accounted for over 50% of total power generation.
To reach the EU's climate goals, emission reduction efforts will need to be complemented by measures to remove carbon from the atmosphere, announced the European Parliament.
Municipalities report difficulties in securing experts with environmental and climate skills, as well as technical and engineering expertise. The European Investment Bank unveils 2022 Municipality Survey findings.
The European Parliament votes to reduce member states' emissions by 40%. All EU countries must reduce emissions by 2030 compared to 2005. Reduction targets for each member state are based on GDP per capita and cost-effectiveness.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.