bneGREEN: Institutional Investors Group on Climate Change urges EU to keep gas out of green taxonomy

Richard Lockhart in Edinburgh January 15, 2022

A group of sustainable investors has urged the EU to exclude gas from the new the EU Taxonomy green investment classification system.

bneGREEN: NDCs need to be rapidly improved to get near 1.5°C target

Richard Lockhart in Edinburgh January 12, 2022

Current Nationally Determined Contributions (NDCs) are nowhere near enough to keep global warming within the 1.5°C target

bneGREEN: New Czech government plans to exit coal by 2033

bne IntelliNews January 12, 2022

Environmental groups argue new target is still not ambitious enough, and attack government's proposals for building more nuclear power capacity and expanding motorways.

European Environmental Bureau says Slovenian EU presidency failed to make significant progress on green agenda

Valentina Dimitrievska in Skopje January 11, 2022

Despite efforts to reverse biodiversity loss, the Slovenian EU Council presidency achieved little on the green transition and in pushing the zero pollution ambition.

bneGREEN: Brussels labels both gas and nuclear as green

bne IntelliNews January 5, 2022

Commission says there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.

bneGREEN: Gas and nuclear still in the running to be included in EU green taxonomy

Richard Lockhart in Edinburgh December 17, 2021

The EU is set to make a final decision on December 22 on whether to include nuclear power and natural gas in its green taxonomy.

bneGREEN: Russian Arctic temperatures soar to new record highs

bne IntelliNews December 16, 2021

Temperatures in Russia’s Arctic regions soared to fresh record highs last summer, ringing alarm bells over climate change, The World Meteorological Organization (WMO) says.

bneGREEN: Brussels outlines ambitious plans for hydrogen, methane use in bid to strengthen gas market

Richard Lockhart in Edinburgh December 15, 2021

The European Commission has published a draft bill to promote the use of hydrogen and biomethane across Europe, and to strengthen the resilience of the gas system after months of volatile gas prices and supply worries.

Hungary issues first green Panda bonds on Chinese market

bne IntelliNews December 15, 2021

Three-year bond issue helps Hungary diversify its debt issuance strategy, expand its presence on the Chinese financial market and broaden the investor base.

bneGREEN: Russia draws up carbon operator rules

bne IntelliNews December 15, 2021

The Russian Ministry for Economic Development has drawn up the procedure for determining payments for services provided by the operator of the register of carbon units.

bneGREEN: Can Russian aviation go green?

Theo Normanton in Moscow December 13, 2021

Due to its history of pioneering technological development, its expansive geography, and its vast and well-financed petrochemicals industry, Russia could be at the forefront of green air travel if it chooses to be.

Latvia issues eight-year sustainability bonds worth €600mn

bne IntelliNews December 9, 2021

Issue is Baltic states' first sustainability bond.

Russian petrochemical giant Sibur strengthens ESG targets

Dimitri Frolowsckii in Moscow December 3, 2021

Sibur, one of the world’s largest petrochemical companies, has set more ambitious ESG targets over the next five years, including in recycling, low-carbon products and energy use.

bneGREEN: Russia's $6.5 trillion decarbonising plan will launch next year

Ben Aris in Berlin December 1, 2021

Russia is revving up to launch a four-decade-long, RUB89 trillion ($1.2 trillion) investment campaign to reduce carbon emissions by 60% before 2050 from 2019 levels.

Loan guarantee for Bosnia’s Tuzla 7 coal plant confirmed as illegal

Eldar Dizdarevic in Sarajevo December 1, 2021

Further blow for Bosnian Federation's plans to update coal-fired power plant with Chinese loan after US supplier GE pulled out in June.

bneGREEN: Russian metallurgical giants see growing demand for low-carbon metals

Theo Normanton in Moscow November 22, 2021

Metals demand is booming as increased use in transport products and energy transition projects to curb climate change begin to roll out in larger scale. And that is unlikely to stop anytime soon.

Serbia looks to nuclear as it embarks on green transition

bne IntelliNews November 22, 2021

Belgrade wants to increase energy security and is also exploring its options for reducing emissions.

bneGREEN: Russian business leaders call for international co-operation at COP

Theo Normanton in Moscow November 19, 2021

A panel of leaders from Russian and British companies have called for greater international collaboration during in a discussion which took place during the COP 26 climate conference in Glasgow.

bneGREEN: Satellites discover huge amounts of undeclared methane emissions

Richard Lockhart in Edinburgh November 17, 2021

Satellites are detecting previously unknown emissions of methane from gas pipelines, oil wells, fossil fuel processing plants and landfills all over the world, with Turkmenistan and Kazakhstan being particular culprits.

Serbia set to exempt major polluters from environmental permits for three more years

Clare Nuttall in Glasgow November 16, 2021

Emissions from coal power plants in Serbia and other Western Balkan countries have been found to cause widespread damage to health both within the region and in nearby countries.