EU raises EUR 12 billion in world’s largest green bond issuance
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
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
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
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
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
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
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
The Green for Growth Fund's Impact Report for 2020 revealed that it attracted EUR 135 million in investments and technical assistance commitments