Beyond Leather wins clim@ 2020 competition with apple-based clothing material
The clim@ 2020 finals were held online today and the top 15 startups held virtual presentations to the judges. They decided Beyond Leather from Denmark was the best project, with its vegan product for the fashion industry. The contest is organized by Finance in Motion on behalf of the Green for Growth Fund (GGF). Renewable […]
EPCG to launch energy renovation project at headquarters building
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) is launching an energy renovation project at its headquarters building. The first stage involves installing solar panels on the roof and the parking lot. The energy renovation project at the company’s headquarters building in the city of Nikšić would enable covering about 40% of its energy needs […]
Sarajevo Canton to take out loan for energy efficiency in 40 public buildings
The Sarajevo Canton government has approved taking out an EUR 8 million loan and accepting a EUR 2 million grant for an energy efficiency project in public buildings. The funds will go towards a project called “Energy efficiency in public buildings of the Sarajevo Canton,” whose aim is to improve energy efficiency in about 40 […]
GGF celebrates 10 years of green impact with renewables portfolio of over 1 GW
The Green for Growth Fund has so far supported the development of over 1 GW in renewable energy capacity. Southeastern Europe accounts for two thirds of the portfolio that GGF built until its tenth anniversary at the end of 2019, matched by the share of primary energy savings. The Green for Growth Fund said it […]
Croatia approves energy renovation plan for family houses worth EUR 18.7 million
Owners of family houses in Croatia will be able to apply for co-financing of 60% or 100% for energy renovation projects. The government has secured EUR 18.7 million to back energy efficiency measures in households. The government recently adopted amendments to the family house energy renovation program. The scheme was prepared earlier by the Ministry […]
Three major environmental challenges clim@ 2020 finalists address
We are only two weeks away from the clim@ 2020 pitching event to select the winner of this year’s competition. Fifteen finalists from the whole world will pitch their innovative projects and business ideas to provide solutions for some of the most pressing environmental and climate challenges: waste disposal and pollution, global warming and emissions, […]
Over 1.2 million people in Europe request green post-COVID-19 recovery
The European Parliament passed a resolution urging the EU’s authorities to put citizens at the heart of the revival strategy after the devastation from the coronavirus. MEPs overwhelmingly insist the upcoming budget must be in line with the European Green Deal. Ahead of the vote, more than 1.2 million people signed an environmentalist organizations’ petition […]
Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]