Central Europe / bneGREEN
Incoming German government compromises on carbon offsets to boost flagging economy
Germany’s incoming government has conditionally endorsed the European Union’s proposed 2040 climate goal and backed the EC's recommended 90% emissions reduction target but only if international carbon offsets and carbon removals are permitted.
Major countries okay climate tax for shipping
In a historic move aimed at curbing the climate impact of global maritime transport, the International Maritime Organisation has secured agreement on a sweeping new framework to slash greenhouse gas emissions from ships.
IEA says battery costs have plunged by 75% since 2015
You might have noticed that batteries are everywhere these days. They power phones and many other gadgets, but also more and more cars, bikes, scooters and vans.
EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project
Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.
The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.
Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.