The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Lavinia Ioniță Rasmussen, Real Estate Partner at Nestor Nestor Diculescu Kingston Petersen (NNDKP), talked to Property Forum about the firm's growing portfolio in industrial and renewable energy, but also about the new EU rules that will boost investments in green buildings.
Renewable energy use in heating and cooling continues to grow across the EU, reaching 26.2% in 2023—the highest level since records began in 2004 (11.7%).
€1 billion is available for the installation of alternative fuel supply infrastructure for road, sea, air, and inland waterway transport.
In 2022, Romanians were in last place in the European Union in terms of municipal waste production and recycling, according to data published by Eurostat.
Commissioner for International Partnerships, Jutta Urpilainen, announced the resumption of budget support for Zambia and launched three programs worth €110 million under Global Gateway. The announcement was made alongside President Hakainde Hichilema and Minister of Finance and National Planning Situmbeko Musokotwane.
The Commission has selected 107 transport infrastructure projects to receive over €6 billion in EU grants from the Connecting Europe Facility (CEF), the EU's instrument for strategic investment in transport infrastructure. Over 80% of the funding will support projects that deliver a more efficient, greener, and smarter network of railways, inland waterways, and maritime routes along the trans-European transport (TEN-T) network.
The EU and Norway have established a Green Alliance to strengthen their joint climate action, environmental protection efforts, and cooperation on the clean energy and industrial transition. Both sides reiterate their commitment to their respective 2030 targets of at least 55% greenhouse gas emission reductions compared to 1990, and to achieving climate neutrality at the latest by 2050.
EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe's carbon market, which is set to make it more costly to pollute and sharpen the 27-member bloc's main tool for cutting carbon dioxide emissions. The world's first major carbon trading system has since 2005 forced power plants and factories to buy permits when they emit CO2 and has cut emissions from those sectors by 43%.
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 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 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.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
