Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. President Iohannis to attend COP26 conference in...

President Iohannis to attend COP26 conference in Glasgow

November 29, 2021

Romania's President Klaus Iohannis will take part in the United Nations Framework Convention on Climate Change (COP26) conference in Glasgow, Scotland, November 1-2.According to a press statement released by the Romanian Presidential Administration, Iohannis will deliver Romania's national declaration conveying Romania's position with emphasis on the steps the country is taking to contain the effects of climate change."The remarks byof the President of Romania will thus reflect the integrated approach that our country proposes in the process of combating climate change with nature-based solutions in the process of carbon capture and storage, green technologies to reduce emissions from the energy and industrial sector, changing citizens' behaviour by raising awareness and educating about climate change."At the same time, Iohannis will participate in events in a multilateral and bilateral format on nature-based solutions to climate change and the reduction of emissions from the energy system."Climate change is one of the greatest challenges facing humanity amidst the climate emergency we are facing. The effects of climate change know no national borders, and people are increasingly exposed to them. President Klaus Iohannis is determined to be actively involved, together with other world leaders, international organisations, public bodies, NGOs and the business community, to support the global effort to combat climate change. "The COP26 conference, October 31 to November 12, has a key role in improving the implementation of the Paris Agreement and limiting global warming to 1.5 degrees Celsius. In that regard, a global commitment to zero net emissions by 2050 as well as to major reductions by 2030 is desirable. At the same time, developed countries are expected to substantially expand climate finance for developing countries to support their efforts to mitigate and adapt to climate change. Increased co-operation in research and innovation is essential in the development of new green technologies.Nature-based solutions, such as afforestation, also play an important role in combating climate change.Romania, as a member state of the European Union, undertakes to contribute to the European Union's efforts to reduce greenhouse gas emissions by at least 55% by 2030, as against the 1990 levels, and to achieve climate neutrality by 2050. Romania supports at COP26 efforts to complete the rules for the operationalisation of the Paris Agreement, while remaining committed to its implementation.   

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/president-iohannis-to-attend-cop26-conference-in-glasgow/94771
Read in full - click here
Communication agency Graffiti Plus signs funding contract for listing on Bucharest Stock Exchange's AeRO market

Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]

Bucharest Stock Exchange introduces Corporate Governance Committee to implement new code

The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...

Bucharest’s District 4 starts work on M4 subway line extension worth EUR 3.5 bln

Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations.  The extension will have 14 […]

Food Angels Hub: Investors’ network launches in support of HoReCa, food industry businesses in Romania

Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]

IULIUS obtains EUR 305 million syndicated loan to remodel Palas Iași complex

Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]

Romanian producer Ada Solomon elected chair of the European Film Academy board

Producer Ada Solomon has been elected chair of the board of the European Film Academy, marking the highest level of representation the Romanian film industry has achieved within the institution. Solomon was chosen by more than 5,400 Academy members across Europe, according to the official announcement.  Dutch producer Leontine Petit and French producer Matthieu Darras […]