Investors prefer sustainability to be measured in the case of commercial buildings too. Therefore new detailed rules will be elaborated and a so-called green passport for properties will be introduced, international law firm Baker McKenzie and CBRE reported after a special roundtable discussion in Budapest.
The European Parliament has approved including REPowerEU measures in national plans to be more independent from Russian fossil fuels, speed up the green transition and tackle energy poverty.
The European Parliament has approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package.
Existing buildings in the European Union should be converted into zero-emission buildings by 2050 and all new buildings should be zero-emission from 2028.
The Romanian government approved the draft decision on the National Air Pollution Control Program.
The World Green Building Council (WorldGBC), the coalition representing over 5,000 organizations from across the building value chain, has asked Members of the European Parliament (MEPs) to back amendments to the Energy Performance of Building Directive.
The President of the Hungarian Energy and Public Utility Regulatory Authority (MEKH) has issued a decree extending the deadline for the implementation of power plants under preparation to receive renewable energy production subsidies.
According to the latest Hungarian Official Gazette, the government will adopt the "Hungary's Green Public Procurement Strategy 2022-2027" and set a series of tasks for Ministers in different areas.
The EU Corporate Sustainability Reporting Directive (CSRD), approved on 28 November, at the EU level, marks the biggest transformation in corporate reporting in the last almost 20 years.
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.
