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UN Environment Programme And European Investment Bank Join Forces To Reduce Pollution In The Marine And Coastal Environment
The UN Environment Programme (UNEP) and the European Investment Bank (EIB) launched the Global Environment Facility (GEF) Mediterranean Pollution Hot Spots Technical Assistance initiative, which aims to reduce pollution in the Mediterranean...
European Investment Bank to Phase Out Fossil Fuel Financing
The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”.The bank will end its financing...
European Investment Bank Commits €50 Million To Build 9 Spanish Wind Farms With 300 Megawatts Of Capacity
The European Investment Bank announced on Thursday that it would commit €50 million in loans to finance 9 wind power projects developed by the Spanish firm Forestalia Renovables which will be built...
The RES SERBIA 2024 Conference Announces new Investments for a Greener Serbia
Which wind and solar power plants will participate in auctions for market premiums, how European manufacturers of wind generators, solar panels and other equipment are fighting with competition from China, and what...
EBRD and EU to Mobilise Up to 100 Million Euros for Critical Raw Materials Investments
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming...
EBRD is Supporting Renewable Investments in Romania
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...
EBRD and EU finance Serbian businesses via OTP Banka Serbia
The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent...
Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...
Upcoming EU Hydrogen Bank pilot auction: European Commission publishes Terms & Conditions
The Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the...
GREEN INVESTMENTS FOR A BRIGHT FUTURE
The advantages of energy-efficient, sustainable solutions in business have long been recognized, and citizens, who pay the most for the current energy crisis, are slowly realizing all the benefits of their application....
EBRD and Sparkasse Bank Makedonija Support Small Businesses in North Macedonia
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in North Macedonia by providing a EUR 23 million loan to Sparkasse Bank Makedonija (SMB) for on-lending to local...
EBRD Helps Montenegro to Scale Up Investments in Renewables
Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector.
The European Bank for Reconstruction...
EBRD Provides USD 127 Million Loan to Turkey’s Isbank
The European Bank for Reconstruction and Development (EBRD) is providing USD 127 million in new funding to Isbank for on-lending to women-led businesses and to facilitate Turkey’s transition to a green economy.
The...
How to Create Favorable Environment for Investment and Innovation?
More than 30 years ago, an international financial institution was established in the British capital, whose main goal was to support the transition from a centrally planned economy to an open market...
GGF And MF Banka Boost Green Finance in Bosnia and Herzegovina
The Green for Growth Fund (GGF) has formed a new partnership with MF Banka in Bosnia and Herzegovina to expand access to green finance for small, and medium enterprises (SMEs). A senior...
EIB Investments Reached 853 Million Euros in the Western Balkans in 2021, Increasing Support for Green and Digital Projects
The European Investment Bank Group (EIB), the bank of the European Union, invested 853 million euros overall across the Western Balkans in 2021 for sustainable development, the green transition, digitalisation and support for...
