Multilateral development banks announce joint framework at COP24 to combat climate change
Multilateral Development Banks (MDBs) have announced a joint framework at COP24 for aligning their activities with the goals of the Paris Agreement, reinforcing their commitment to combat climate change, according to a joint press release. In a joint declaration, issued at the start of the 24th Session of the Conference of the Parties to the United […]
EBRD now offering “mega” Green Innovation Vouchers of up to EUR 50,000
The European Bank for Reconstruction and Development (EBRD) has moved into a new phase of the Green Innovation Vouchers scheme in Serbia to target projects with larger resource-efficiency impact, increasing the value of the vouchers to up to EUR 50,000, according to a news release from the EBRD. A new call for applications for “mega” […]
Energy Community, EBRD issue joint Policy Guidelines for implementing Energy Efficiency Obligation schemes
The Energy Community (EnC) Secretariat and the European Bank for Reconstruction and Development (EBRD) have issued joint Policy Guidelines to help countries in the region design and implement an Energy Efficiency Obligation (EEO) scheme in line with Article 7 of the EU Energy Efficiency Directive. According to the Secretariat’s press release, Article 7 requires EU […]
Elektrokrajina launches tendering for supply of ancillary equipment for 2 business units
Power distribution company Elektrokrajina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched tendering for the supply of ancillary equipment for business units in Banja Luka and Srbac. At the end of September, the company also published invitations for tenders from would-be contractors for the reconstruction of medium and low voltage networks […]
Serbia, Croatia, BiH, Bulgaria, Romania, Cyprus among countries to improve green transition scores – EBRD
Serbia, Croatia, Bosnia and Herzegovina (BiH), Bulgaria, Romania, and Cyprus are among countries that improved their 2018 scores in the area of green transition compared to 2017, while the scores of Albania, Macedonia, Greece, Kosovo*, Montenegro, and Turkey, among other markets, remained unchanged, according to the European Bank for Reconstruction and Development’s (EBRD) Transition Report […]
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 […]
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 […]
Renewables tendering ahead in Macedonia as MEPSO signs transmission network modernization deals
Macedonia will launch tendering by end-2018 for the construction of new PV power stations and wind farms to be backed by premium tariffs, officials announced as state-owned electricity transmission system operator (TSO) MEPSO signed nine agreements worth EUR 18 million to modernize the country’s power transmission network, according to news releases from the Macedonian government […]