EIB sets EUR 360 million for co-financing with EU funds
Romanian Partnership Agreement with the European Union for the 2014-2020 programming period will be supported by the European Investment Bank’s loan of EUR 360 million. Growth-oriented investments will be financed under operational programmes targeting competitiveness, human capital and large-scale infrastructure, EIB said after the agreement was signed. The loan will focus on energy, environmental improvement, […]
Waste processing plant inaugurated near Sofia
A mechanical-biological treatment facility with a capacity of 410,000 tonnes of mixed waste per year was launched in the village of Yana in the Kremikovtsi administrative district of Bulgaria’s capital, Focus Information Agency reported. The project was carried out with the financial support of national Operational Programme Environment 2007–2013 and a EUR 33 million loan […]
Development banks adopt climate mitigation finance tracking
Several national and international development banks adopted common norms for tracking projects for the mitigation of climate change effects. Similar principles for tracking adaptation finance and leverage are being developed. The document was published on the Paris Climate Finance Forum. These institutions have been tracking climate finance for only a few years, and their methods […]
EIB approves EUR 70 million loan for SME projects in Montenegro
Investment and Development Fund (IRF) of Montenegro presented this year’s financial support and signed a contract with the European Investment Bank (EIB) for a EUR 70 million loan, part of which is intended for energy and environment. The event was attended by potential users of IRF’s loans, and Montenegrin prime minister Milo Đukanović told the audience […]