The European Investment Bank (EIB) granted a EUR 50 million loan to a subsidiary of Greenalia S.A. to finance a new biomass-fired power plant being built in the La Coruña municipalities of Curtis and Teixeiro on a 103 000 m² publicly owned site.
Following three earlier successful operations, the Rabobank and the European Investment Bank (EIB) are launching an expanded EUR 250 million “impact loan” for SMEs in the Netherlands. So far, nearly 300 environmentally-conscious businesses in the Netherlands have already benefitted from advantageous lending conditions of the EIB-backed impact loans with the Rabobank.
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.
Reuse of products can reduce material demand and prevent waste, which are important aspects of EU waste policy and essential for achieving a circular economy. However, current approaches to promote reuse in Member States are diverse and rely mostly on voluntary arrangements, according to a European Environment Agency report, published today. While reuse is an established market model for some products, such as cars, similar practices are still in their infancy for most other product groups.
Climate change and the energy transition are making many occupations obsolete, while at the same time creating new ‘green’ jobs in emerging sectors and industries. So far, these transitions have been studied and reflected on independently from one another. As a result, conclusions about what the future holds, and the ensuing policy recommendations, vary according to the particular transition in question. This is one of the questions the 3rd ETUC/ETUI conference on the future of work will deal with.
A loan supported by the InnovFin-EU finance for innovators initiative under the EU’s Horizon 2020 programme and extended by the European Investment Bank (EIB) is enabling German firm Heliatek to boost production of an organic solar energy-generating film that can be used on office blocks.
Environmental policy making is not an easy task. On the one hand, Europeans want to enjoy the benefits a well-functioning economy provides. On the other, there are significant environmental and health costs attached to our lifestyle choices. A systemic understanding of how nature, economy and human health are connected is essential for identifying the best policy options available. The European Environment Agency aims to support policy making by providing exactly this kind of knowledge.
Commissioner Vella will give a keynote speech.