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 […]
Serbia’s budget fund for energy efficiency to quadruple to over EUR 4 million in 2019 – minister
Serbia’s budget fund for improving energy efficiency in 2019 will be worth RSD 500 million (about EUR 4.22 million), which was the fund’s overall value over the past four years, Minister of Mining and Energy Aleksandar Antić said today at the signature of agreements with 14 local governments on budget fund allocations for energy efficiency […]
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 […]
EUR 642,000 worth of contracts signed for retrofits of three schools in Sarajevo Canton
As part of the Energy Efficiency in Bosnia and Herzegovina project, implemented by the Ministry of Spatial Planning of the Federation of Bosnia and Herzegovina and financed with the World Bank’s loan, energy efficiency measures will be introduced in three educational institutions in the Sarajevo Canton. More than BAM 1.25 million (around EUR 642,000) will […]
Romania’s Bacau to modernize street lighting with EUR 11 million loan
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) are providing a EUR 11 million loan to the Romanian city of Bacau to modernize street lighting, according to a news release from the EBRD. Bacau is a medium-sized city in Romania with a population of almost 200,000. The investment […]
World Bank approves USD 32 million in additional financing for BiH Energy Efficiency Project
The World Bank has approved USD 32 million in additional financing for the Bosnia and Herzegovina (BiH) Energy Efficiency Project, according to a press release from the World Bank cited by the BiH media. Energy efficiency investments under the project refer to retrofits of school and hospital buildings across BiH to secure cleaner and more […]
SEE parliamentarians join EU peers in exploring prospects of renewables and energy efficiency for prosperity
With the support of the GIZ Open Regional Fund for South-East Europe – Energy Efficiency (ORF-EE), the largest yet delegation of parliamentarians from South-East Europe (SEE) took part in the Inter-Parliamentary Meeting on Renewable Energy and Energy Efficiency, held from October 19 to 20 in Vienna. The meeting brought together members of the European Parliament […]
Proposals sought to develop innovative financing mechanism to improve energy efficiency in public buildings
The United Nations Development Programme (UNDP) in Bosnia and Herzegovina (BiH) has issued a request for proposals for the delivery of developed models for an innovative financing mechanism for the implementation of the Low-Carbon Urban Development Concept (LCUD) under the Catalyzing Environmental Finance for LUCD project. Due to a long period of neglect and under-investment, […]