China’s CMEC to make main Belgrade wastewater treatment unit, sewage
Serbia’s capital city signed a cooperation agreement with China Machinery Engineering Corp. for the intended financing of research and design of a system for the collection and treatment of wastewater. A separate deal is authorizing CMEC to start the preparatory activity for the project, estimated at up to EUR 771 million in total. The first […]
EU lifts green investment target by EUR 260 billion per year by 2030
The Sustainable Europe Investment Plan will mobilize at least EUR 1 trillion in the next decade, the European Commission has said. The so-called Just Transition Mechanism, which is being set up by the EU with the responsibility for the green investment part worth EUR 100 billion from 2021 to 2027, comes with a support fund […]
EIB adopts new energy lending policy, to stop financing fossil fuel projects from end-2021
The European Investment Bank’s (EIB) Board of Directors has agreed on a new energy lending policy which envisages that the bank will stop financing fossil fuel projects from the end of 2021. The EIB will no longer consider new financing for unabated, fossil fuel energy projects, including gas, from the end of 2021 onwards, the […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
EIB to ditch fossil fuel projects from 2021
The European Investment Bank intends to stop funding fossil fuel projects from 2021, according to the draft of the EU bank’s new energy lending policy. In the document, titled EIB energy lending policy – Supporting the energy transformation, the bank said that its activities would shift away from fossil fuel projects and focus on four […]
Eight EU countries donate EUR 10 million for water supply in Serbia
An agreement on eight EU member states’ EUR 10 million donation for a EUR 80 million project to improve water supply and sewers systems in 25 municipalities in Serbia has been signed in Belgrade today. The donation is being channeled through the European Investment Bank (EIB). The agreement on the EU countries’ donation for the […]
Greece launching new renewables, sustainable infrastructure investment scheme
Fresh investment in renewables, energy efficiency, and urban development projects across Greece will be supported following the first agreement under a new EUR 650 million infrastructure investment initiative, according to a press release from the European Investment Bank (EIB), which manages the Infrastructure Fund of Funds. The Infrastructure Fund of Funds, to support renewable energy […]
Belgrade hosting regional Smart City SEE19 conference
Regional conference Smart City SEE19 will be held in Belgrade on Thursday, May 23, gathering local, regional, and international experts, decision makers, and innovators to discuss the development of smart cities and their role in delivering a more sustainable future. The conference will showcase the best examples of smart cities, with the aim of inspiring […]
