Limiting global warming to 1.5 °C could reduce global GDP by 2%, or $75 trillion, by 2050 as spending must increase to accelerate the energy transition.
Project intended to help Serbian agriculture cope with climate change and use water resources and land as rationally as possible.
Oil and gas group INA and state oil pipeline operator Janaf have announced new commitments to renewable energy generation as the green transition gets underway in the country.
Future demand for copper will increase greatly as new, greener technologies make use of the metal's unique properties. In an article published by the World Economic Forum, billionaire Alisher Usmanov made the case for increased investment in copper.
The sustainability-linked bond issue worth €700mn has an annual coupon of 1.75%.
A group of sustainable investors has urged the EU to exclude gas from the new the EU Taxonomy green investment classification system.
Current Nationally Determined Contributions (NDCs) are nowhere near enough to keep global warming within the 1.5°C target
Environmental groups argue new target is still not ambitious enough, and attack government's proposals for building more nuclear power capacity and expanding motorways.
Despite efforts to reverse biodiversity loss, the Slovenian EU Council presidency achieved little on the green transition and in pushing the zero pollution ambition.
Commission says there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.
The EU is set to make a final decision on December 22 on whether to include nuclear power and natural gas in its green taxonomy.
Temperatures in Russia’s Arctic regions soared to fresh record highs last summer, ringing alarm bells over climate change, The World Meteorological Organization (WMO) says.
The European Commission has published a draft bill to promote the use of hydrogen and biomethane across Europe, and to strengthen the resilience of the gas system after months of volatile gas prices and supply worries.
Three-year bond issue helps Hungary diversify its debt issuance strategy, expand its presence on the Chinese financial market and broaden the investor base.
The Russian Ministry for Economic Development has drawn up the procedure for determining payments for services provided by the operator of the register of carbon units.
Due to its history of pioneering technological development, its expansive geography, and its vast and well-financed petrochemicals industry, Russia could be at the forefront of green air travel if it chooses to be.
Issue is Baltic states' first sustainability bond.
Sibur, one of the world’s largest petrochemical companies, has set more ambitious ESG targets over the next five years, including in recycling, low-carbon products and energy use.
Russia is revving up to launch a four-decade-long, RUB89 trillion ($1.2 trillion) investment campaign to reduce carbon emissions by 60% before 2050 from 2019 levels.
Further blow for Bosnian Federation's plans to update coal-fired power plant with Chinese loan after US supplier GE pulled out in June.