Serbian building firm on path to green growth with new high-efficiency equipment

Serbian construction company Karin Komerc MD has taken a significant step towards green growth by investing in new, high-efficiency equipment. The achieved cuts in energy and water consumption, reduced CO2 emissions, as well as financial savings, demonstrate the great potential of the construction industry to reduce its environmental footprint and take an active role in […]

EBRD, UniCredit Leasing support Serbian SMEs transition to green economy

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the Government of Luxembourg are supporting small and medium-sized enterprises (SMEs) in Serbia. Financing of EUR 20 million is available through UniCredit Leasing Serbia for investments in climate and green economy projects. GEFF Serbia Leasing is the EBRD’s financing facility of […]

Sparkasse Bank Makedonija secures EUR 2 million under GEFF for green buildings

Sparkasse Bank Makedonija has secured a EUR 2 million loan from the European Bank for Reconstruction and Development (EBRD) under the Green Economy Financing Facility (GEFF) program to support investments in high-performance green technologies in privately owned buildings in North Macedonia. The agreement on loan was signed by Gligor Bišev, Chairman of the Management Board […]

EBRD, GCF roll out climate finance line for Serbia’s UniCredit Leasing

The European Bank for Reconstruction and Development said its cooperation with Green Climate Fund and the government of Luxembourg resulted in support for small and medium-sized enterprises (SMEs) in Serbia. Namely, EBRD revealed they secured EUR 20 million for climate mitigation and resilience projects through UniCredit Leasing Srbija Doo. The provider of financial services is […]

Procredit Bank Macedonia secures EUR 1 million to finance energy efficiency in households

Procredit Bank Macedonia has secured a EUR 1 million loan from the EBRD for financing energy efficiency improvements of residential buildings, in order to help homeowners reduce greenhouse gas (GHG) emissions and improve the quality of life. Procredit Bank Macedonia will on-lend funds to local households, housing associations and service providers planning to invest in […]

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 […]

Fresh source of energy efficiency finance available through cooperation between EBRD, Banca Intesa

Businesses, including energy service companies (ESCO), and municipalities in Serbia have a new source of energy efficiency finance thanks to a EUR 15 million loan from the European Bank for Reconstruction and Development (EBRD) to be on-lent by Banca Intesa, the country’s largest bank, according to news releases from the two financial institutions. Businesses and […]