Tag: European Investment Bank

New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?

Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times...

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...

Protecting Fragile Marine Ecosystems

This year’s World Environment Day, officially celebrated on 5 June, focuses on ecosystem restoration, an important aspect of a healthy world. The EBRD’s work with the Northern Dimension Environmental Partnership (NDEP) shows...

Why Gender Has to be at the Heart of the Agenda for Green

Climate change is one of the defining challenges of our times, and women are disproportionately vulnerable to it and have an important role in addressing it. Tackling climate change effectively will require deep...

EIB and IDF sign €50 million loan to support faster post-COVID recovery

Montenegrin small and medium-sized enterprises (SMEs) and mid-caps in tourism and other sectors severely affected by COVID-19 will benefit from a €50 million loan that the European Investment Bank (EIB) has signed...

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...

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...

Welsh Water Invests £250m to Produce Green Energy

Welsh Water is investing £250m to help produce its own energy needs and cut its £44m annual utility bill. It has agreed the figure in a loan with the European Investment Bank (EIB)...

Commission Delivers on its Circular Economy Promises

One year after adopting its Circular Economy Package, the Commission has reported on delivery and progress to date, and tabled new ideas on waste management and investment. One year after adopting its Circular...

Bulgaria-Greece Gas Interconnector Construction Faces Delay – Report

The start of construction on the gas interconnector between Bulgaria and Greece could be delayed by at least six months, a Bulgarian media report said on August 4. Even though the project has...

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