Bulgarian companies lag behind in investments in green economy, digitization and innovation

There is a great need for large-scale structural changes, because Bulgarian companies are significantly behind their European competitors in investments in green economy, digitization and innovation. This is one of the leading conclusions for Bulgaria in the latest investment survey of the European Investment Bank (EIB) among businesses in 28 countries. The data was provided by EIB Senior Economist Atanas…

They accuse Azerbaijan of media repression before hosting COP29

Azerbaijan's government has been accused of cracking down on the media and civil activism. This comes a few months before the country hosts the UN climate summit COP29 later this year, reports the Guardian. Human Rights Watch identified at least 25 cases of arrests or convictions of journalists and activists in the past year, as…

Transforming Waste: The Latest Innovations in the Circular Economy

The transition to a circular economy is accelerating globally, with recent initiatives and innovations showing significant progress in sustainability. From international forums to groundbreaking scientific research, efforts to reduce waste and increase resource efficiency are at the forefront of global environmental strategies. World Forum on Circular Economy 2024 The World Forum…

European elections: What went wrong for the Greens and the Liberals?

The future of environmental policies could be at risk as the Greens and Liberals emerged as the main losers in the European Parliament elections, having split 18 and 23 seats respectively compared to the previous elections held in 2019. Belgium, France, Germany and Italy are among the key countries,…

Slavcho Neikov: The lack of an energy strategy slows down Bulgaria's transition

The Central and Eastern Europe region is characterized by its dependence on coal and nuclear power for electricity generation. This makes the balance between environmental goals and energy security difficult to achieve. Topics related to the energy transformation will be widely discussed during the fourth edition of the largest and most important high-level meeting for the Green…

Is the EU ready for the upcoming challenges to protect animal health?

The world population is projected to reach nearly 10 billion by 2050. To meet this growing demand, animal protein production must increase overall by approximately 20% over the next two decades. Against the complex landscape of geopolitical tensions and economic challenges facing the world, securing food…

Manfred Weber: Ban on internal combustion engines is a mistake, we will repeal it

Banning internal combustion engines is a mistake. We will discuss its cancellation in the coming days. This was stated by Manfred Weber, leader of the center-right European People's Party (EPP), which won the most seats in the European Parliament elections. The 2035 ban on the sale of cars with internal combustion engines is a central pillar of the plan…

Investments in Adaptation and Resilience: How to Get the Necessary Capital?

More than $200 billion a year is needed for adaptation and resilience investments in water and energy systems, agricultural improvements and early warning systems. This amount is expected to rise if the threshold of 1,5 degrees Celsius is breached, the World Economic Forum writes. Yet today investment in adaptation…

Solar energy must be at the heart of Ukraine's recovery

Ukraine could install five times more solar capacity than the government's current plan, according to a new study. Greenpeace is urging the beleaguered country to adopt a "Marshall Plan for solar energy". The name is borrowed from the US-funded program that helped Europe rebuild after World War II. The study, commissioned by…

GRI has begun updating standards for employee impact reporting

How do organizations meet their criteria for ensuring decent working conditions and fully disclosing their impact on employees? This question forms the basis of a major review of all GRI labor-related standards. The Global Reporting Initiative (GRI) has announced the launch of a new review aimed at enabling companies to report…