Bulgaria already has a draft Strategy for Sustainable Energy Development until 2030 with a horizon of 2050, as well as a draft of an updated "Energy and Climate" plan. This was announced by the Deputy Minister of Energy in Bulgaria, Iva Petrova, during the most significant high-level meeting for the Green Deal Green Transition 4.0, at which ESGnews.bg has exclusive...
The EU's flagship CO2 price is significantly influenced by whether the industry considers politicians' commitments credible, according to a new study cited by Euractiv. At the end of 2023, the EU's CO2 price – covering emissions from industry and the energy sector – collapsed, puzzling many observers. The reason for this may also be…
The Ministry of Energy announced for public discussion the procedure for the construction of a national infrastructure for the storage of electricity from renewable sources (RESTORE) from the National Recovery and Sustainability Plan (NRSP). Its purpose is to provide an opportunity to significantly increase the share of energy from renewable sources in the country's energy mix, while at the same time...
A group of 112 cities aiming to eliminate their net greenhouse gas emissions by 2030 will need a total of 650 billion euros in investment to meet their goal, Euractiv reports. 377 cities applied to join the "100 Climate Neutral and Smart Cities Mission" program. In the end, 100 were selected…
Attending events focused on the circular economy provides opportunities to work in companies interested in sustainable development. Here are some key events happening from October to December 2024 and what we can learn from them. Circular Economy Hotspot Cymru 2024 Date: 7-9 October 2024 Location: Cardiff, Wales Details: This event…
In order to achieve decarbonisation of the industry, we need to apply the circular economy model. This new model should dominate the linear model, which is still the main one. In the circular economy, the planet's resources are preserved, otherwise the new generations must have two or three more planets. We must do so…
What responsibility does business bear for the respect and observance of human rights - this was the main topic of the first informational discussion of its kind in Bulgaria "Business Talks about Human Rights". The event was organized by the Bulgarian Foundation for Business and Human Rights (BBFHR), and ESGnews.bg was a media partner. The initiative was implemented with the support of…
"We are witnessing an extraordinary moment in which most countries in the world are going through various processes. Politicians and the policies of individual countries are put to the test. Big issue is Ukraine, Gaza, and after 27 years in the Senate, 4 years as Secretary of State and 3 years working on climate - I know we are facing…
EU ministers failed to reach unanimity in their conclusions on the future of agriculture at a meeting earlier in the week. The reason for this was a disagreement about the equalization of the level of aid between member states, reports Euractiv. The Belgian presidency of the EU, which took over the EU Council meetings from January 1, hoped to make…
The world is not prepared for the increasing danger of forest fires caused by climate change. Scientists are warning about this, and currently the flames have covered areas from North America to Europe in the hottest year in history, writes Euractiv. Wildfires have already burned across Turkey, Greece, Canada and the United States earlier this season,…
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