Global energy investment is expected to surpass €2.8 trillion for the first time, with €1.9 trillion allocated to clean technologies such as renewables, electric vehicles, and nuclear power.
Delegates at the United Nations COP28 climate talks in Dubai have agreed to a deal that would, for the first time, push nations to transition away from fossil fuels to avert the worst effects of climate change.
The Environment Committee has adopted its demands for the UN Climate Change Conference COP28, which will take stock of the progress on implementing the Paris Agreement.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.