Green Climate Fund supports EBRD’s Green Cities Facility with EUR 87 million
The European Bank for Reconstruction and Development (EBRD) has received a EUR 87 million contribution approved by the Green Climate Fund’s (GCF) Board. The funding will support the EBRD’s Green Cities Facility for climate-focused sustainable urban development in nine countries, including Albania, Macedonia, and Serbia, according to a news release from the EBRD. The Green […]
Green Economy Congress: Green and sustainable development in Serbia is possible
The second international Green Economy Congress titled Shaping Synergies into a Circular Society brought together leaders in the green economy, entrepreneurship, innovation, science, and environmental protection from Serbia and abroad. The first day of the congress was concluded in a panel by members of the WISE expert network who conveyed the message that green and sustainable […]
Croatia’s Environmental Protection and Energy Efficiency Fund to co-finance home renewables systems
Croatia’s Environmental Protection and Energy Efficiency Fund (FZOEU) has issued a new invitation to apply for co-financing to install renewables systems at stand-alone houses. The total co-financing budget is HRK 12 million (around EUR 1.61 million), the FZOEU said in a press release. “We will co-finance the procurement and installation of biomass boilers and heat […]
World Bank approves USD 32 million in additional financing for BiH Energy Efficiency Project
The World Bank has approved USD 32 million in additional financing for the Bosnia and Herzegovina (BiH) Energy Efficiency Project, according to a press release from the World Bank cited by the BiH media. Energy efficiency investments under the project refer to retrofits of school and hospital buildings across BiH to secure cleaner and more […]
Solar helps University of Virginia save USD 1 million annually – find out how
The University of Virginia (UVA) has saved USD 1 million per year by using solar power from 1,000 solar panels installed on the roofs of the university, US portals reported, noting that the school is involved in several solar projects with private companies. All of this makes the UVA a leader among high education institutions […]
CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have signed a EUR 20 million loan agreement for the Montenegrin Coast: Lustica Region Development. The guarantee for the loan will be secured by the Government of Montenegro, and the collateral for the guarantee will be provided by CGES, in the […]
REIC launches first-ever renewables crowdfunding campaign in BiH
REIC, a Sarajevo-based NGO, has invited citizens to donate money for buying and installing solar hot water panels at mental health asylum Drin in Fojnica, launching the first-ever renewables crowdfunding campaign in Bosnia and Herzegovina. The goal of the crowdfunding campaign is to raise at least BAM 20,000, or USD 15,000, for solar panels that […]
EU approves EUR 243 million package for birds, bats, other projects to protect nature, environment
The European Commission has approved an investment package of EUR 243 million from the EU budget for projects under the LIFE program supporting nature, the environment, and quality of life in Europe’s transition to a more sustainable and low-carbon future, according to a press release from the EU executive. Funds of EUR 196.2 million will […]
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