Serbia preparing framework to issue sovereign green bonds
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
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
Germany plans to set 2045 target for climate neutrality
Germany plans to bring forward its net zero emissions deadline to 2045, or five years ahead of the European Union’s declared target.
National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
GGF provides EUR 25 million in green finance to DenizBank in Turkey
A senior loan of EUR 25 million to the new partner in Turkey will increase the uptake of renewable energy, energy efficiency and resource efficiency measures, GGF said. The deal with DenizBank is seen resulting in annual primary energy savings of 58.4 GWh and a CO2 emission reduction of 13,000 tons. The Green for Growth […]
GGF, Yapı Kredi Leasing support renewables in Turkey with loan package of EUR 20 million
The Green for Growth Fund – GGF invested in Turkey’s Yapı Kredi Leasing for the fourth time. The senior loan of EUR 20 million is primarily intended for rooftop solar installations at industrial facilities. The Green for Growth Fund (GGF) said it provided a senior loan of EUR 20 million to Yapı Kredi Leasing, based […]
GGF celebrates 10 years of green impact with renewables portfolio of over 1 GW
The Green for Growth Fund has so far supported the development of over 1 GW in renewable energy capacity. Southeastern Europe accounts for two thirds of the portfolio that GGF built until its tenth anniversary at the end of 2019, matched by the share of primary energy savings. The Green for Growth Fund said it […]