Romania has a new ecotourism destination: Vama Buzăului, a locality located at the foot of the Ciucaș Mountains, which has just obtained the recognition of the Ministry of Economy, Entrepreneurship and Tourism (MEAT).
HP has reduced its absolute carbon footprint by 18% since 2019. The company's goal is to achieve net zero carbon emissions by 2040. HP has reduced single-use plastic packaging by 55% compared to 2018.
35 tons of oil products leaked from a ship under the Bulgarian flag on the main course of the Danube, near Cělarevo (Serbia), at km 1287. This information was received by the Ministry of the Environment, Waters and Forests, and the National Administration "Romanian Waters" - Department of Emergency Situations, through the secretary for border waters within the Romania-Serbia bilateral agreement, in the afternoon of June 20.
The Eurelectric Association, which represents the electricity industry at the European level, has published a landmark study highlighting three scenarios for Europe to reach its net zero carbon target. Looking ahead to 2030, 2040, and 2050, the Decarbonisation Speedways study confirms the key role of clean electrification in accelerating Europe's path to climate neutrality and highlights its potential to reduce household energy bills.
Between August 2022 and January 2023, Romania is managing to reduce fossil gas consumption by approximately 25%, according to a report published by CEE Bankwatch Network. According to the report, Romania allocates four times more European funds for fossil gas, despite the climate objectives. Between 2014 and 2020, fossil gas-based projects in Romania and Poland benefited from €230 million and €1.3 billion respectively from European funds.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
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.
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.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
