green financing
Proparco, ProCredit Bank launch EUR 50 million line in Serbia for SMEs, green projects
04 August 2021 - Proparco approved a EUR 50 million credit line for ProCredit Bank to finance small and medium-sized enterprises and green projects in Serbia
Aydem to use part of USD 750 million green bond issue for hybrid power plant projects
04 August 2021 - Turkish firm Aydem Renewables sold green bonds for USD 750 million. It will add solar power units to hydro and wind assets, upgrading them to hybrid power plants
Photovoltaics in Montenegro to be supported with grants, loans
08 July 2021 - Firms and farmers in Montenegro will be able to apply for subsidies for renewable energy projects and get loans for photovoltaic systems
Green for Growth Fund attracts EUR 135 million in green finance in 2020
28 June 2021 - The Green for Growth Fund's Impact Report for 2020 revealed that it attracted EUR 135 million in investments and technical assistance commitments
New equipment helps Knjaz Miloš achieve energy savings
18 June 2021 - Serbian beverage producer Knjaz Miloš invested in energy-efficient equipment with the help of UniCredit Leasing Serbia and GEFF Serbia Leasing
COVID-19 crisis is opportunity for GGF to promote sustainable growth
17 June 2021 - GGF is encouraging and financing financial institutions which share its vision of building back better, Chairperson Olaf Zymelka said
Serbia preparing framework to issue sovereign green bonds
16 June 2021 - Serbia is getting ready to raise funds through green bonds. CBI head Sean Kidney said they are more attractive to investors than ordinary debt securities.
EBRD promotes auctions as number one tool for renewable energy growth
09 June 2021 - EBRD's Director for Western Balkans Matteo Colangeli says it is helping roll out renewable energy auctions and that it would fund decarbonization and bilateral power purchase agreements
Turkey preparing framework as it may issue its first sovereign green bond
21 May 2021 - The Turkish government is working on legal requirements that will enable it to raise money with green and social bond packages, a news report revealed
Turkey’s development bank gets USD 170 million green loan from Japan
05 April 2021 - JBIC co-financed a EUR 170 million line for TKYB within the program to promote Japanese environmentally-friendly technologies
Turkey’s Garanti BBVA bank to stop financing coal projects
31 March 2021 - Garanti BBVA, the fifth-largest bank in Turkey vowed to cleanse the loan portfolio of the remaining coal mines and plants by 2040
Climate Bonds Initiative rolls out criteria for sustainable hydropower
29 March 2021 - Hydropower developers and operators that want to raise funds via green bonds can now certify their environmental footprint by using CBI's tools
PPC sells two green bond packages in same month amid strong demand
23 March 2021 - Greece's PPC caught the attention of some of the world's biggest players with its green bond issue, partly aimed at funding the energy transition
Restart Energy to install 45 MW solar power plant in Romania
23 February 2021 - In the first step toward a 500 MW renewables portfolio, Restart Energy acquired a ready-to-build 45 MW solar power project
People and businesses in SEE became aware of climate crisis, benefits of green energy
19 February 2021 - Green finance helps firms and households protect the environment and cut energy costs, says the GGF's head for Southeast Europe Mejra Juzbašić Bajgorić.
Turkey’s İş Leasing secures EUR 40 million for green investments
10 February 2021 - Companies will have the opportunity to finance investments in resource efficiency and small scale renewables.