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IEA Welcomes Italy’s Plan to Revisit Energy Strategy and Further Decarbonize Economy

In its latest country review of energy policies, the International Energy Agency praised Italy’s comprehensive long-term energy strategy and the acceleration of its efforts to comply with 2020 goals on renewable energy,...

A Memorandum of Understanding to Intensify Energy Cooperation Between the EU and the EBRD

A new Memorandum of Understanding to enhance energy cooperation between the EU and the European Bank for Reconstruction and Development (EBRD) has been signed in London last week by EU Commissioner Arias...

Oil and Gas Companies in North America Less Green Than Those in EU

Oil and gas companies in North America are lagging behind their European counterparts in cleaning up their operations, new research has found, with higher greenhouse gas emissions and less investment in clean...

Solar Energy Powers Ahead in Ouarzazate

The Noor Ouarzazate solar power complex harnesses the potential of the most abundant source of energy in North Africa – the sun. Thanks to the support of the EU and the EIB,...

The Green Week’s Third Day – Investing for a Greener Future

Wednesday looked at the how to make the investments that we need to ensure a greener future. Participants explored innovative ideas and concrete solutions that already exist to finance green initiatives. The day...

EBRD financing Albania’s power system overhaul

The European Bank for Reconstruction and Development will conduct a final review of the project for the restructuring of Albanian Power Corporation (KESH sh. a.) and the energy sector of Albania in...

EU grants support to Albania–Macedonia power link

At the Western Balkans Investment Summit, in the presence of all regional prime ministers, the European Union confirmed its intention to provide a EUR 12 million grant to support construction of the...

The smart money is going green

Last month, the world reached a landmark agreement on climate change in Paris. This week, business leaders gathered in Davos for the World Economic Forum need to start breathing life into that...

EBRD boosts steel dust recycling in Turkey

The European Bank for Reconstruction and Development (EBRD) is promoting industrial waste recycling in Turkey with a US$ 20 million loan to Befesa Silvermet İskenderun Çelik Tozu Geri Dönüşümü A.Ş., a company...

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