Turkish chemicals firm gets EUR 15 million loan from EBRD to contribute to greener tire production
The European Bank for Reconstruction and Development (EBRD) is lending EUR 15 million to Turkish chemicals maker Egesil Kimya Sanayi ve Ticaret A.S., majority owned by Germany’s Evonik Industries, to increase production of precipitated silica, a key component of energy-efficient tires that reduce carbon emissions, according to a news release from the EBRD. The loan […]
Serbia’s budget fund for energy efficiency to quadruple to over EUR 4 million in 2019 – minister
Serbia’s budget fund for improving energy efficiency in 2019 will be worth RSD 500 million (about EUR 4.22 million), which was the fund’s overall value over the past four years, Minister of Mining and Energy Aleksandar Antić said today at the signature of agreements with 14 local governments on budget fund allocations for energy efficiency […]
Lending under EBRD’s GEFF approved to first bank in Albania to on-lend for energy efficiency projects
Albania’s Union Bank will on-lend a EUR 6 million loan it has secured from the European Bank for Reconstruction and Development (EBRD) for high-performance energy efficiency projects in privately owned residential dwellings and buildings in the country. The loan has been approved under the Western Balkans Green Economy Financing Facility (GEFF), the EBRD said. Union […]
EUR 642,000 worth of contracts signed for retrofits of three schools in Sarajevo Canton
As part of the Energy Efficiency in Bosnia and Herzegovina project, implemented by the Ministry of Spatial Planning of the Federation of Bosnia and Herzegovina and financed with the World Bank’s loan, energy efficiency measures will be introduced in three educational institutions in the Sarajevo Canton. More than BAM 1.25 million (around EUR 642,000) will […]
Romania’s Bacau to modernize street lighting with EUR 11 million loan
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) are providing a EUR 11 million loan to the Romanian city of Bacau to modernize street lighting, according to a news release from the EBRD. Bacau is a medium-sized city in Romania with a population of almost 200,000. The investment […]
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 […]
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 […]