The EU on 14 July unveiled the details of its proposed Carbon Border Adjustment Mechanism, which aims to protect EU CO2 emitters from carbon leakage by making exporters to the EU market pay for the CO2 they produce.
The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.
€8bn in EU grants could be held up because of dispute over Prime Minister Andrej Babis' continuing control of his Agrofert holding.
The first half was particularly strong in the mid-market and smaller-ticket segment.
The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.
Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.
The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.
Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.
As the world starts to emerge from the Coronacrisis, economists on an EBRD panel warned over rising inflation, debt and the uneven recovery from the crisis, with emerging markets and developing economies lagging behind their richer peers.
The Czech Republic Manufacturing PMI index soared in June to 62.7 in June. However, problems in supply chains could take the edge off growth.
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.
This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.
162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020
Global inflationary pressures together with the fast recovery in the region from the pandemic are sparking fears that this could set off an inflationary spiral.
PPF is expected to restructure the deal to achieve its long-term ambition to build a Czech banking empire.
The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.
Hungarian and Czech central banks could be first in EU to raise rates despite ongoing pandemic.