sustainable finance
Green for Growth Fund to provide Tier II capital to Egyptian banks
24 January 2022 - The Green for Growth Fund has been granted approval from the Central Bank of Egypt to provide Tier II capital to banks in the country
GGF starts green finance expert course for Garanti BBVA bank
31 December 2021 - GGF's Technical Assistance Facility has launched a dedicated Green Finance Expert course with its longstanding partner Garanti BBVA
GGF, UniCredit Bank Serbia conduct first local currency transaction in Serbia for green recovery
06 December 2021 - The Green for Growth Fund conducted the first local currency transaction in Serbia by providing a loan to UniCredit Bank Serbia
GEK Terna to raise EUR 300 million via green bonds with obligation to cut emissions
06 December 2021 - Greek construction and energy giant GEK Terna is preparing to sell common sustainability-linked bonds with a target of EUR 300 million
EUKI offers funding for climate action projects – here are the conditions
25 November 2021 - Nonprofits can apply for up to EUR 1 million from the European Climate Initative (EUKI) with transformative cross-border projects
GGF Impact Stories: microfinance provider Partner expands energy efficiency portfolio in BiH
19 November 2021 - With the GGF's assistance, Partner became one of the largest microlending institutions in Bosnia and Herzegovina
Deep-greening transformation is essential for banking competitiveness
02 November 2021 - Banks are missing out on lucrative and innovative opportunities in the new green economy if they don't adapt to the green energy revolution
EU raises EUR 12 billion in world’s largest green bond issuance
13 October 2021 - The EU's sale of EUR 12 billion in debt securities, the biggest so far on a global scale, attracted record demand as well
GGF supports Novus in building energy-efficient supermarkets
12 October 2021 - GGF joined the EBRD in providing a loan to Novus for the construction of energy-efficient supermarkets and the first green distribution center in Ukraine
Serbia raises EUR 1 billion in its first green bond auction
17 September 2021 - Serbia achieved the lowest annual coupon rate in its history, 1%, in the sale of its first green bond. The government raised EUR 1 billion.
Issuing green bonds is more cost effective than ordinary debt securities
06 September 2021 - If fossil fuel companies are transitioning to clean energy, they should issue green bonds, CEO of Climate Bonds Initiative Sean Kidney said in an interview
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