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Tag: European Bank for Reconstruction and Development
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...
EBRD and EU to Support Transition to Solar Energy in North Macedonia
Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build...
Investing in Digitalisation for Happier Customers and Employees
Buildings and homes are the largest energy consumers in Serbia but, at the same time, this also means that they have the highest energy-saving potential.
Sunce Marinković, which specialises in producing and installing...
EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...
Why Public Finance for Climate Matters
The Presidents of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), Odile Renaud-Basso and Werner Hoyer, appealed yesterday for urgent action on climate change, while comparing...
EBRD Will Help Kazakhstan Achieve Carbon Neutrality by 2060
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan have agreed to develop a long-term cooperation strategy to achieve carbon neutrality of the country’s power sector by 2060. The accord will...
Amman to Introduce New Bus Fleet Under EBRD Green Cities Programme
The population of Amman will benefit from the introduction of a new bus fleet in the Jordanian capital thanks to its participation in EBRD Green Cities, the Bank’s pioneering urban sustainability programme.
In...
New Initiative Dedicated to Supporting Coal Regions in Transition in Western Balkans and Ukraine Launched
The Energy Community Secretariat is delighted to announce the launch of a new platform to support coal regions in transition in the Western Balkans and Ukraine.
The Platform Initiative will support coal regions...
Aiming for Healthier and Greener Belgrade
If all the citizens of Belgrade, as their Mayor, walked every day, used public transport more, and planted some trees when the opportunity arises, perhaps our capital would already be a bit...
Ukraine to Build Its Largest Ever Wind Farm
Ukraine is to build its largest ever wind farm.
The European Bank for Reconstruction and Development (EBRD) has issued a loan of €150 million (£130m) to the country for the construction.
Upon completion, the...
More than 30,000 Ukrainian Homes Go Energy Efficient
More than 30,000 Ukrainian households have benefitted from the European Bank for Reconstruction and Development’s (EBRD) energy efficiency programme.The Residential Energy Efficiency Financing Facility has now invested a total of UAH1 billion...
Croatian Firm Lent €130m for Efficient Heat and Power Units
A Croatian energy company has been granted loans totalling €130 million (£116m) for new electricity and heat co-generation units.HEP will replace outdated oil and gas-fired turbines and boilers with modern, efficient and...
Thomas LUBECK, IFC: Tailwinds to the Financial Market
International Finance Corporation - IFC, one of the five members of the World Bank Group, is the world's largest institution that encourages economic development by investing in the private sector in emerging...
ENGIE To Develop 55 Megawatt Mongolian Wind Farm With EIB Investment
French utility ENGIE has announced that it will develop and operate its first renewable energy project in Mongolia, the 55-megawatt Sainshand wind farm, which will also benefit from $120 million in financing...
EBRD Offers $458 Million In Loans For 750 Megawatts Of Solar Projects In Egypt
The European Bank for Reconstruction and Development (EBRD) has offered more than $450 million to various project developers planning to set up utility-scale solar power projects in Egypt.
The Bank has offered loans...
KfW Has Been Implementing the Protection of Climate Conditions and Environmental Improvement since 1984
The German Development Bank (KfW) is financially helping Serbia. The investments of KfW bank have reached the level of around 1,711 billion euros, including 887 million euros for the energy sector. These...
