Green economy

The global luxury resale market is booming, changing the established rules of the game for traditional brands. According to analysts, the second hand segment in the luxury category is growing much faster than the primary market, driven by digitalization, changing consumer habits and a growing interest in sustainable consumption, Logos Press reports.

Thanks to the large-scale renovation works carried out in one of the largest pre-school institutions in ATU Gagauzia, almost 300 children and 36 teachers can now enjoy a modern, safe and energy-efficient educational environment, Logos Press reports.

A Spanish winery from the Rioja Alavesa region is betting on precision agronomy, digital monitoring and microzoning of vineyards, according to Logos Press.

Uzbekistan intends to attract $744 million from international financial institutions for projects in agriculture and water management by the end of 2026, Logos Press reports.

Excessive noise remains one of the most pressing environmental problems in Europe, affecting about 112 million people – that is, about one in five of the continent’s inhabitants, Logos Press reported.

Betis Football Club (Spain) has officially announced the release of a limited edition sports uniform created from organic orange peel fibers, according to Logos Press.

Azerbaijan is actively modernizing its clean energy industry and making significant investments in switching to renewable energy sources, Logos Press reports.

Government support and procurement for sectors such as chips, automobiles, chemicals and quantum technologies will be limited to products made in the European Union, Logos Press reported.

Discussions around the implementation of a pledge system for packaging (SDA) in Moldova go beyond the environmental agenda. Formally, it is about the collection of glass, plastic and metal packaging. However, in essence, the country is facing the creation of a new economic system where the interests of producers, retailers and recyclers intersect. The key asset is not packaging as a waste, but the bottle as a resource.

The European Commission has approved a new package of measures under the Ecodesign for Sustainable Products Regulation (ESPR) that directly prohibits the destruction of unsold textiles, footwear, accessories and clothing, Logos Press reports.

Landowners receive substantial financial bonuses for planting forests, but these bonuses are based on the supposed carbon benefits of forests. Which, however, are scientifically ambiguous. And this calls into question the meaningfulness of financial injections along these lines, Logos Press reports.

SA Franzeluța announced the launch of a comprehensive energy audit to identify losses, assess the potential for energy savings throughout the company and optimize energy consumption, Logos Press reported.

At the European Industrial Summit in Antwerp, European Commission President Ursula von der Leyen defended the European Union’s carbon trading system (ETS). But she faced opposition from the leaders of Germany and France, who believe the high cost of allowances in the ETS threatens the economy and jobs, according to Logos Press.