The population of the Tajik capital Dushanbe will benefit from short travel times and state-of-the-art transport solutions following the opening of a new modern road interchange.
Seven kilometres of new road to improve connection to EU border and divert heavy traffic from city of Ungheni.
Continuing its support for green investments and in a foray into new technology, the EBRD is extending a PLN 500 million (€116 million equivalent) long-term senior loan to Poland’s Grupa Azoty, a leading producer of chemicals on the Polish and European market, to help green their operations.
The EBRD is supporting SDX Energy Morocco with a loan of up to €10 million to finance the enhancement of upstream gas production and related gas transport infrastructure to Kenitra industrial zone customers, facilitating the switch away from polluting fuel oil. As a result, a reduction of 20,000 tonnes in CO2 emissions per year is anticipated.
The EBRD Board of Directors has approved an up to €500 million loan today for the construction of the Trans Adriatic Pipeline (TAP), a priority project of the European Union (EU) and the Energy Community.
To improve water and wastewater infrastructure for all of the Khujand’s population, the Bank provided a total of US$ 6.55 million in loans to the Khujand Water Company and the Swiss State Secretariat for Economic Affairs (SECO) gave US$ 12.47 million in grants.
In the Western Balkans, investments and assistance with policy reform are part of the EBRD’s toolkit to increase the sustainability of the energy sector. But what are the barriers to fully integrated regional markets in this region?
The Western Balkans Investment Summit brought together at EBRD Headquarters high-level government officials, including all six Prime Ministers, and private sector participants to discuss opportunities and challenges across the region. Regional transport connectivity featured high among the topics discussed to boost economic growth. It was also the subject of a dedicated discussion panel.
The EBRD is supporting a new 36 MW solar plant in western Ukraine as part of its commitment to making the energy mix in its countries of operations greener. The investment is made together with the Clean Technology Fund, the Bank’s partner in advancing green energy.
The EBRD and the International Maritime Organization (IMO) agreed today in London to deepen their cooperation and establish a strategic partnership to promote sustainable maritime transport.
Imagine having the power to rid the environment of the adverse effects of greenhouse gas emissions emitted by 150 cars! Well, a plastic bag producer in Morocco, Multisac, did just that.