Finances — latest ecology news

The EU may face a lack of funds for its climate goals as early as 2027, – ECB
The EU may face a lack of funds for its climate goals as early as 2027, – ECB

One of the reasons is the need for bloc countries to return funds received for recovery after the COVID-19 pandemic

The Decarbonization Fund will change the terms of loans: what to expect
The Decarbonization Fund will change the terms of loans: what to expect

Among the clients now are many energy service companies and other private legal entities

European Commission approves €3 billion support scheme for renewable hydrogen production
European Commission approves €3 billion support scheme for renewable hydrogen production

Most manufacturers will be located in non-EU countries

Financing of the Decarbonization Fund will almost double next year
Financing of the Decarbonization Fund will almost double next year

In 3 months of active work, the institution provided loans for the implementation of more than 30 projects

Partner countries provide another €7 million for the restoration and development of the Chornobyl zone
Partner countries provide another €7 million for the restoration and development of the Chornobyl zone

These contributions will complement the amount of €26 million received earlier

The UK spent £1 billion to shut down wind turbines: what happened
The UK spent £1 billion to shut down wind turbines: what happened

Experts talk about the need for market reform in the energy sector

Grants of up to €20 thousand for Ukrainian businesses for energy efficiency: who can get them
Grants of up to €20 thousand for Ukrainian businesses for energy efficiency: who can get them

They are funded by the German government and the Norwegian Development Cooperation Agency

The Decarbonization Fund: how it works, where it gets money, who it gives loans to, and what it does so for
The Decarbonization Fund: how it works, where it gets money, who it gives loans to, and what it does so for

Currently, 7 projects have already received funds, another 21 are under consideration

The European Commission told what the EU managed to achieve at the COP29 climate conference
The European Commission told what the EU managed to achieve at the COP29 climate conference

Most of the gains are due to increased green investments

Estonia to donate €1 million in ETS revenues to Ukraine
Estonia to donate €1 million in ETS revenues to Ukraine

This is part of the funding allocated to developing countries at COP29

BASIC Group at COP29 accuses developed countries of obstructing their climate action
BASIC Group at COP29 accuses developed countries of obstructing their climate action

Tensions between the countries of the Global South and the North continue to rise

Countries failed to agree on climate finance in the first week of COP29
Countries failed to agree on climate finance in the first week of COP29

According to the schedule, ministers have until Friday, November 22, to find a compromise