Banks pump record billions into fossil fuel expansion in 2025
The 17th edition of the Banking on Climate Chaos report reveals that the largest 65 banks committed USD 906 billion to fossil fuel companies in 2025
Serbia needs EUR 27 billion to reach decarbonization goals
Serbia needs EUR 27 billion to reach its decarbonization goals, according to Milan Laković, Executive Director for Finance at power utility EPS
New HBOR program provides up to 50% loan write-offs for green investments in Croatia
HBOR has signed an agreement with commercial banks for the implementation of a new financial instrument for entrepreneurs
Israeli-based firm bags financing for 101 MW solar project in Romania
Shikun and Binui Energy has secured a EUR 49 million loan for the Simleu Silvaniei photovoltaic project of 101 MW in northwest Romania
Rezolv secures EUR 291 million loan for Vifor wind farm in Romania
The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon
Green loans in North Macedonia grow 30% but their share remains low
The National Bank of North Macedonia has recorded an increase in green loans by 2.8 times since 2019, while growth in 2023 amounted to 29.1%.
