The devastating wildfire in the Paphos region of Cyprus is believed to have started at an illegal landfill, impacting around 13 square kilometers and destroying homes and infrastructure. Local authorities are investigating the cause and working towards addressing the issue of illegal waste disposal to prevent future calamities.
The local architects’ association is calling for more greenfriendly projects, especially in ecologically sensitive areas like the Akamas forest park. They emphasize the importance of balancing economic growth with environmental protection and encourage adherence to strict environmental regulations and sustainable development practices in architecture and urban planning.
The Bank of Cyprus is spearheading sustainability efforts, aiming to achieve netzero emissions by 2050 and reduce GHG emissions by 42% by 2030 through energy efficiency measures and green financing products. Through strategic lending, ESG due diligence, and risk management, the bank is actively contributing to Cyprus’s economic transformation towards a greener, more resilient future.
