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.
Italian group Enel has donated 5,700 solar photovoltaic panels to Ukraine with a total capacity of approximately 2 MW. The donated photovoltaic solar panels will cover up to 11,400 sqm of roofs of public buildings in Ukraine. They will be delivered by summer.
Users of the financial application Revolut have donated over €11.8 million for refugees from Ukraine. €860,000 were donated by Romanian users to the NGOs that joined the Appeal (Romanian Red Cross, Hope and Homes for Children, Fundația Regală Margareta a României, Code for Romania).
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.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
