The European Commission grants $394 million to 168 eco-friendly projects

168 “green deals” for climate action have received funding totaling more than $394 million from the European Commission (EC) in Europe. The funding, which was approved on November 23, represents a 27% increase over the budget from the previous year…

Germany is committing an additional €550 million to green hydrogen collaboration

The government of Germany is establishing two new funds with a total of 550 million euros to support the development of the global hydrogen economy through cooperation, particularly with emerging and developing countries. These funds will be set up by…

Iberdrola exhibits its Climate Action Plan at COP27

By 2030, the company wants to be emissions neutral in its power plants and for its own consumption, and by 2040, it wants to have zero net emissions from all of its operations. By 2030, Iberdrola will also achieve a…

U.S. and German funding will help Egypt reduce gas consumption and increase exports

Egypt, the host nation of COP27, announced in a joint declaration with the United States and Germany that it would “explore” a net zero goal, bring forward its target for the use of renewable energy sources, update its climate plan,…