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.
The EBRD hit ambitious targets for climate finance well ahead of schedule in 2017 and its total annual investment reached a new record high, as the Bank delivered positive change across a growing number of emerging economies.
The EBRD is supporting the modernisation and rehabilitation of the Enguri hydro power plant, the largest electricity supplier in Georgia, with a €28 million loan.
Supporting city climate projects worth US$ 1.5 billion with Global Covenant of Mayors, EU and Bloomberg.
The European Bank for Reconstruction and Development (EBRD) will join other global development organisations in stepping up the momentum for global climate action at the One Planet climate summit in Paris on 12 December.
Continuing to support Jordan’s wind power generation, the European Bank for Reconstruction and Development (EBRD) is providing a US$ 52 million loan for the construction and operation of a 45 MW wind farm in the Shobak region, 160 km south of the capital, Amman.
The EBRD is starting work on a new energy sector strategy and inviting the public to submit contributions. Comments based on the current document should be submitted in writing no later than 1 February 2018 to firstname.lastname@example.org.
The EBRD and the European Investment Bank (EIB) are planning to support energy-efficient and renewable energy investment in Egypt through a financing package to ALEXBANK in the amount of up to US$ 30 million under the Green Economy Financing Facility (GEFF) for Egypt. The EBRD is providing a financing facility of up to US$ 15 million to ALEXBANK for on-lending to private companies for energy-efficiency and renewable energy projects. The EIB is expected to join the facility with an additional US$ 15 million in financing at a later stage and to team up with EBRD to further strengthen sustainable energy measures in Egypt.
In a significant step forward to boost green energy in Bosnia and Herzegovina, the EBRD is supporting the construction in Banja Luka of a 49 MW district-heating boiler plant fired by wood biomass, under the Bank’s Green Cities Framework.
The Yereymentau Wind Farm in Kazakhstan, a long-standing partner of the European Bank for Reconstruction and Development, EBRD, has been registered as a domestic carbon credit project under the country’s emissions trading system (ETS).
The EBRD, the European Union (EU) and the Austrian Federal Ministry of Finance have launched a joint programme to support energy efficiency investment in the residential housing sector in Bosnia and Herzegovina. The EBRD has committed a total of €17 million to Unicredit Bank Mostar, Unicredit Bank Banja Luka and Sparkasse Bank, which the banks will use to on-lend to clients investing in energy efficiency projects in residential buildings.
Ever since the Paris Climate Agreement of 2015, climate finance has been very high up on the agenda of the international community.
The EBRD heads for international climate talks in Bonn next week, determined to demonstrate its commitment to meeting ambitious goals to address the global challenge of climate change.
The European Bank for Reconstruction and Development (EBRD) and the International Solar Alliance (ISA) have agreed to strengthen cooperation in pursuit of their shared goal of mobilising green energy financing.
The European Bank for Reconstruction and Development (EBRD) has set a new landmark in its global climate response: financing well over 1 GW of new renewables capacity in 2017 with an expected reduction in CO2 emissions of 2 million tonnes a year.
Underscoring its commitment to investing in renewable energy, the EBRD and the International Finance Corporation (IFC) are providing a €215 million loan to Čibuk 1 wind farm, the largest wind project in Serbia and the Western Balkans to date.
“Green” comes in many shapes and sizes, but rarely does it come bigger than in buildings. Buildings consume over one-third of the energy used worldwide, and in developed countries that rate is even higher, more than 40 per cent. At the same time, about one-third of global carbon emissions are generated in the building sector.