The Fund of Funds is starting consultations on a financial instrument for startups

The Fund of Funds has launched market consultations in connection with the structuring of the Financial Instrument for Equity and Quasi-Equity Financing "Student and PhD Student Startup Fund". During the consultations, which will take place in the form of individual meetings with all interested parties, the following topics will be discussed: Market opportunities and main factors related to…

Lidl, Shell and HPE are creating a hub to help small and medium-sized businesses in Bulgaria

Shell Bulgaria, Hewlett Packard Enterprise Bulgaria (HPE) and Lidl Bulgaria are creating an innovative hub in which they will share valuable information for small and medium-sized businesses in Bulgaria and non-governmental organizations (NGOs) that want to integrate the topic of diversity, equality and inclusion (DEI ) in their daily business practices. Each of the three companies will share their experience…

Bulgaria wants the EC to tax excess profits from electricity

The energy ministers of Greece, Romania and Bulgaria called on the European Commission to tax the excess profits of electricity producers and traders and to give priority to the development of energy connections in South-Eastern Europe, ANA-MPA reported. The Greek Ministry of the Environment and Energy announced that, on the initiative of Minister Theodoros Skilakakis, last Friday it was...

National agricultural plans miss EU environmental targets

The national strategic plans of the Common Agricultural Policy (CAP) do not meet the environmental ambitions of the EU. This is stated in a report by the European Court of Auditors, which recommends more robust monitoring and evaluation systems for member states in the next CAP, reports Euractiv. "The CAP implementation plans for the period 2023-27 are 'greener than the previous period...

Was New York Climate Week a success?

The fight against climate change took center stage during Climate Week in New York and the United Nations General Assembly, which were held jointly, reports Euronews. The events were part of the preparations for COP29, the annual UN climate conference, which this year will take place in November in Baku, Azerbaijan. Moderated by the organization…

Italy investigates Shein for misleading environmental claims

Italy's competition watchdog has announced that it has opened an investigation into the website operator of global online fashion retailer Shein Infinite Styles Services Co over possible misleading advertising claims made on the site about the environmental sustainability of Shein-branded clothing, reports esgtoday.com . According to the regulator, the investigation is focused on environmental claims in several…

Hurricane Helen devastated several southeastern states

The head of the US Disaster Relief Agency (FEMA) called Hurricane Helen, which killed nearly 100 people, a devastating event for several states that caused "significant damage to infrastructure" and was made worse by global warming, the Guardian reports. The storm killed at least 91 people, according to state and local authorities in South Carolina, Florida, Georgia, North Carolina,…

EC with warning to 17 member states for CSRD transposition

The European Commission has announced that it has sent letters to 17 EU member states opening infringement procedures because the member states did not report that they had fully transposed the new Corporate Sustainability Reporting Directive (CSRD) into their national legislation. Among the countries that received the letters are Belgium, the Czech Republic, Germany, Estonia, Greece, Spain, Cyprus, Latvia, Luxembourg, Malta, the Netherlands, Austria,...