Tag: climate-neutral (3 articles)

Regulation   |   8 May, 2023 at 8:50 AM

Romanian government adopts the scenario of climate neutrality

The government approved the "Neutral Romania 2050" scenario, for the reduction of greenhouse gas emissions. The Minister of the Environment, Tanczos Barna, says that the chosen option is a terminal through which Romania assumed that economic development will be practically decoupled from the increase in emissions.

Industry   |   5 May, 2023 at 5:30 PM

Electrolux reduces greenhouse gas emissions by 82%

The Electrolux Group reached its set targets for reducing greenhouse gas emissions three years earlier. The group thus reduced its greenhouse gas emissions from direct and indirect operations by 82% and the emissions resulting from the direct use of household appliances by 25%.

Regulation   |   14 March, 2023 at 2:51 PM

EP adopts new carbon sinks goal

The European Parliament adopts a new carbon sink goal that increases the EU 2030 climate ambition. The new law raises the EU carbon sink target for the land use and forestry sector, which should reduce greenhouse gases in the EU in 2030 by up to 57% compared to 1990.

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Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

Real estate

Climate risks take centre stage in Polish real estate strategies

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.