Finances — latest ecology news

Europe is not ready to overcome climate catastrophe – World Bank
Europe is not ready to overcome climate catastrophe – World Bank

The experts concluded that the EU's significant climate risks require system-wide transformational adaptation, which includes reforming institutions, the legislative framework and industry strategies

Big businesses compete for €40 billion from the EU to reduce carbon emissions
Big businesses compete for €40 billion from the EU to reduce carbon emissions

The European Union must decide how much risk it is willing to take by investing taxpayers' money in new technologies

Ukraine spent UAH 2.11 billion on the maintenance of the Chornobyl Exclusion Zone in 2023
Ukraine spent UAH 2.11 billion on the maintenance of the Chornobyl Exclusion Zone in 2023

In 2024, it is planned to spend UAH 2.49 billion on the management of the exclusion zone

Denmark to provide €380 million to Ukraine to support renewable energy
Denmark to provide €380 million to Ukraine to support renewable energy

The Memorandum also refers to the support and development of cooperation and business partnership between Danish and Ukrainian businesses

How the small country of Barbados is fighting climate change
How the small country of Barbados is fighting climate change

Barbados, like many other island countries, is particularly vulnerable to climate change

EU should invest 600 billion euros in energy infrastructure for a green transition
EU should invest 600 billion euros in energy infrastructure for a green transition

Brussels prefers a new approach to solving the problem: "investment ahead of needs"

Danish companies to receive $109 million for green transition
Danish companies to receive $109 million for green transition

25% of this amount will be directed to projects directly related to the green transition

The cost of climate inaction is higher than taking action – WMO
The cost of climate inaction is higher than taking action – WMO

During the years 2025-2100, the total cost of inaction is estimated at $1266 trillion

Poland will receive €300 million to support miners who will lose their jobs
Poland will receive €300 million to support miners who will lose their jobs

The program will also encourage the early closure of mines

Ukraine may not receive €4.4 billion from the EU for the green transition due to the war – an expert
Ukraine may not receive €4.4 billion from the EU for the green transition due to the war – an expert

Funds from programs for the green transition of Ukraine were redirected to support during the war

The ELP named the main results and consequences of COP28
The ELP named the main results and consequences of COP28

At COP28, about $83 billion was mobilized for various climate goals

EU pledged to spend €22.8 billion on the green transition of other countries at the COP28
EU pledged to spend €22.8 billion on the green transition of other countries at the COP28

€20 billion will be allocated for the development of green energy in Africa