Tag Archives: European Union (EU)

The European Investment Bank stopped short of agreeing a strategy to limit funding for fossil fuels. a plan that would help step up Europe’s ambition to fight climate change.

The finance will be shared by 39 sustainable transport infrastructure projects across the continent.

Lithuania. Latvia and Estonia are on track to integrate into the European energy grid by 2025.

Iranian traders and companies have exported some $151 million worth of non-oil goods to Afghanistan through the Eastern province of Southern Khorassan in the first 6 months of the current local calendar year.

Iranian Ambassador to Kabul Bahador Aminian said that his country’s exports to Afghanistan are 3 times more than what it sends to 28 member states of the European Union. highlighting that trade with Afghanistan is of high value to Tehran.

Eight foreign banks have signed up for the Russian version of the worldwide payments system Swift. launched to bypass US sanctions. according to the Central Bank of Russia.

Cicero Group notes this collapse in trading activity is likely to mean the UK will not alone be able to successfully achieve net zero emissions by 2050.

The interconnector. scheduled to be completed by 2024. is expected to considerably enhance the stability and reliability of Moldova’s electricity supply.

The Russian government is about to try a climate-related set of goals to reduce the country’s fossil fuel dependence and improve the economy’s energy efficiency.

China and the US ramped up spending by 12 percent each. taking expenses to 8 billion dollars in China. and 8.2 billion dollars in the US.