EBRD provides EUR 2 million loan for energy efficiency measures in Kosovo*
The European Bank for Reconstruction and Development (EBRD) has provided EUR 2 million loan for energy efficiency measures in residential sector in Kosovo*. The loan has been provided to Kreditimi Rural i Kosoves (KrK), the third-largest microfinance institution in Kosovo*, to support households’ efforts to save energy and money. The funds will be on-lent to […]
EBRD and the Green Economy Transition: a strategy for sustainable investments in Serbia
By Ana Bachurova, EBRD Energy Efficiency and Climate Change team and Daniel Berg, EBRD Director for Serbia The European Bank for Reconstruction and Development (EBRD) was the first international financial institution whose charter was explicitly “green” – that is, environmentally friendly. In Serbia, the EBRD investments in green projects account for more than EUR 800 […]
Montenegro can have 17,500 new jobs in green economy by 2020
According to UNEP/UNDP report, Montenegro could open 17,500 new jobs in the next few years by investing in green economy, primarily in the tourism and related sectors. Total of 95 percent of new green jobs can be opened as a result of energy efficiency measures in construction and transportation. Green economy concept is already integrated […]
50 green projects in Romania received EUR 54 million
50 Romanian companies and NGOs received total of EUR 54 million from private financing and Norwegian grants for the development of green projects. At this stage two countries negotiate the new agreement for the period until 2021. The state of Norway green investments, worth EUR 26 million, had been awarded for Romanian companies and NGOs […]
Green infrastructure may increase Serbia’s GDP by 1%
Serbia could increase its GDP by 1% with more investments into green infrastructure, according to Siniša Mitrović, Adviser to the President in the Serbian Chamber of Commerce and Industry (PKS). Speaking today at a conference in Belgrade organized by Danas Conference Center, he stated the PKS has initiated the creation of a strategy for circular […]
Norwegian funding supports selective waste collection
A EUR 4 million project designed to collect recyclable waste from households was implemented by Total Waste Management, part of recycling Green Group and a provider of integrated waste management solutions, and co-financed with grants of EUR 1.4 million from the Government of Norway, The Diplomat magazine’s portal said in a report. Smart collection infrastructure […]