Green Forum
| 3 May, 2024 at 8:00 AM
Raiffeisen Bank funds €932 million in green loans
Regarding environmental impact, the funded projects have resulted in annual savings of over 42,000 tons of CO2.
Regarding environmental impact, the funded projects have resulted in annual savings of over 42,000 tons of CO2.
The European Commission has given its approval to a €300 million initiative by France to bolster the efforts of Electricité de France's (EDF) subsidiary.
The real estate, renewable energy, and transportation sectors are frontrunners for sustainable practices, alongside the public sector which should play an important role.
The Romanian Government has given its approval for a program designed to assist SMEs in their transition to renewable energy sources and electric mobility.
Leading multilateral development banks (MDBs) unveiled their joint vision on MDBs' role in supporting the circular economy.
The European Commission has approved Slovakia's €267 million support package for Volvo Cars, deeming it compliant with EU State aid regulations.
BRD Groupe Societe Generale and IFC, a World Bank Group member, have finalized a synthetic significant risk transfer (SRT) deal.
ProCredit Bank Romania announced the granting of a total financing of €3.4 million to the group of companies 3D Steel Design & Construct and Hansarom Management & Consulting.
EBRD has approved a financing package totaling €91.4 million for the establishment of a new wind farm in Serbia.
EBRD and EU have allocated nearly €500,000 in grants to ten Ukrainian firms, aimed at fostering the development and implementation of innovative, climate-friendly technologies.
Raiffeisen Bank Romania and the Association for Community Relations announce the 20 winning NGOs of grants totaling 1 million euros.
The European Investment Bank (EIB) has signed a €33 million investment loan to construct one of its largest solar photovoltaic plants near Pristina.
The company disclosed its proposal to shareholders to endorse a cap of €300 million for the issuance of green bonds.
The total value of the €4 billion bond issuance had a final subscription of over €14.8 billion.
Alexandra Floricică, Head of Sustainable Development at Procredit, talked about ProCredit's goals, strategies and initiatives aimed at reducing its environmental footprint while supporting the transition to a low-carbon economy.
The last few years have been marked by debates and discussions about electricity prices and new investments in renewable energy sources.
EBRD will guarantee up to €25 million for a loan provided by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria.
More than €800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks.
EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.
The European Investment Bank Group has announced that a record €49 billion was invested in green finance at the level of 2023.
The "Photovoltaic Green House" program will have a budget of RON 2 billion (€400 million) for this year.
UniCredit Bank Romania has financed the photovoltaic plant in Şarmăşag, Sălaj County, with €39.3 million, thus supporting Romania's transition to green energy.
The E.ON Group has announced that it is issuing green bonds of €1.5 billion, in the first days of 2024.
IFC is providing a €35 million loan to Karsan.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
