European Investment Bank to Phase Out Fossil Fuel Financing

The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”. The bank will end its financing of oil, gas, and coal projects after 2021, a policy that will make the EU’s lending arm …

The Course of the Energy (R)Evolution in Germany

The term evolution, referring to a gradual and continuous social development, is often used as a total opposite to the term revolution, which brings sudden and dramatic shifts of the existing system. However, their meanings could be united in the energy transition – a process of phasing out dirty energy …

Spain Offers to Host UN Climate Conference After Chile Cancellation

Spain has offered to host the COP25 UN climate conference in December after weeks of violent protests forced the Chilean government to cancel both the global environmental meeting and next month’s Apec trade summit. On Thursday afternoon, the Spanish government said the acting prime minister, Pedro Sánchez, had offered to …

41 European Mayors Declare Support for a Just Transition from Coal

A group of 41 mayors from 10 coal regions in 9 European countries are launching a statement supporting a just transition to the post-coal era. Two of the mayors – from the Czech Republic and Germany – presented this statement to the EU Commission’s Deputy Director-General for Energy, Klaus-Dieter Borchardt …

We Gonna Rock down to Electric Avenue!

What is the connection between 54 students of nine different faculties of the University of Belgrade – Faculty of Mechanical Engineering, Faculty of Electrical Engineering, Faculty of Mathematics, Faculty of Technology and Metallurgy, Faculty of Economics, Faculty of Law, Faculty of Architecture, Faculty of Organizational Sciences and Military Academy? Even …

Carmakers Among Key Opponents of Climate Action

Global carmakers are among the leading opponents of action on the climate crisis, according to exclusive analysis of the way major corporations frustrate or undermine initiatives to cut greenhouse gases. The research for the Guardian reveals that while the automotive industry releases public statements that support climate initiatives, such as …

IRENA on the Front Line of the Battle to Limit Climate Change

It was billed as a day of action. Parties without concrete, actionable plans and commitments stayed away from a meeting that the UN Secretary General and wider community believed could be the most important climate meeting since Paris in 2015. Leaders who brought announcements to the Climate Action Summit effectively …