Turkey preparing framework as it may issue its first sovereign green bond
The Turkish government is working on legal requirements that will enable it to raise money with green and social bond packages, a news report revealed
Climate Bonds Initiative rolls out criteria for sustainable hydropower
Hydropower developers and operators that want to raise funds via green bonds can now certify their environmental footprint by using CBI's tools
PPC sells two green bond packages in same month amid strong demand
Greece's PPC caught the attention of some of the world's biggest players with its green bond issue, partly aimed at funding the energy transition
People and businesses in SEE became aware of climate crisis, benefits of green energy
Green finance helps firms and households protect the environment and cut energy costs, says the GGF's head for Southeast Europe Mejra Juzbašić Bajgorić.
National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
Solar power is becoming more affordable for firms, households in Serbia
Solar power systems are getting cheaper every year. During the industry’s boom in Europe and the world, investment in the sector in Serbia has been weak. ProCredit Bank’s expert Danko Kalkan points to great growth potential. Prices of solar power equipment have been halved in the past several years so such systems are more profitable […]
GGF provides EUR 25 million in green finance to DenizBank in Turkey
A senior loan of EUR 25 million to the new partner in Turkey will increase the uptake of renewable energy, energy efficiency and resource efficiency measures, GGF said. The deal with DenizBank is seen resulting in annual primary energy savings of 58.4 GWh and a CO2 emission reduction of 13,000 tons. The Green for Growth […]
GGF, Yapı Kredi Leasing support renewables in Turkey with loan package of EUR 20 million
The Green for Growth Fund – GGF invested in Turkey’s Yapı Kredi Leasing for the fourth time. The senior loan of EUR 20 million is primarily intended for rooftop solar installations at industrial facilities. The Green for Growth Fund (GGF) said it provided a senior loan of EUR 20 million to Yapı Kredi Leasing, based […]