The EU reached a 24.5% share of its gross final energy consumption from renewable sources in 2023, around 1.5 percentage points (pp) higher than in 2022 and almost 3 times higher than in 2004 (9.6%).
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq).
Starting from 2026, any electronic product introduced to the EU market must be easily repairable, reusable, and recyclable.
The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.
The European Commission initiated a third call for proposals totaling €90 million under the European Urban Initiative.
The European Union will require widespread adoption of electric vehicles across its member states to meet ambitious CO2 emission reduction targets.
The European Union will spend €3.5 billion to protect the oceans and promote sustainability through a series of initiatives to be implemented this year.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
This platform will facilitate cooperation concerning critical raw materials (CRMs) crucial for global green and digital transitions.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
The European Union announced that it cannot afford to restrict the import of photovoltaic panels despite challenges faced by European producers in the industry.
The electric car battery recycling sector in the European Union (EU) will require €9 billion investment to expand capacity by 2035 to keep pace with increased production, according to the “EU recycling market” report by strategy&, PwC's global strategy practice.
From parcels for online purchases to coffee-to-go cups, packaging is almost everywhere.
In 2021, around 131 kilograms (kg) of food per inhabitant have been wasted in the EU, according to Eurostat.
Electric cars will represent almost a fifth of the global market in 2023, according to the report of the International Energy Agency (IEA), dedicated to electric vehicles (EV). Sales of electric vehicles are expected to rise by 35% this year, reaching 14 million units, representing 18% of the market - up from just 4% in 2020.
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.
