Based on its extensive expertise in promoting higher environmental standards in the mining sector, the EBRD will also support responsible mining in Eldorado's operations in Greece. The project will promote human capital development in the mining sector in Greece by developing national occupational standards for digital skills and by scaling up market-relevant, work-based training programs for young people and long-tenured workers.
The company will also work to increase the share of women in its workforce and foster women's access to skills and employment opportunities in the mining sector.
Copper is crucial to many applications in today's economy, including battery-powered vehicles, electronics, power generation (particularly from renewable energy sources), transmission and storage, and the telecommunications industry. The copper market is changing considerably with the global shift to electric vehicles and renewable energy applications, as both of these sectors require large volumes of copper.
The EBRD started operating in Greece on a temporary basis in 2015 to support its economic recovery. To date, the Bank has invested over €6.6 billion in more than 102 projects in the country's corporate, financial, energy, and infrastructure sectors.
