Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
CEC Bank has signed with the European Investment Fund (EIF) a new agreement, worth €105 million, to support SMEs and small companies with medium capitalization to increase their competitiveness and transition to a green, sustainable economy, within the PNRR - The compartment for Member State Romania.
Romania is among the most vulnerable countries in the region to the risks related to the transition to a green economy, in the context where investments in decarbonization are expected to put additional pressure on public finances. According to the global rating agency Fitch Ratings, the cost impact of the decarbonization transition on sovereign ratings in the region appears to be manageable.
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.
IMMOFINANZ signed a new five-year, €180 million green loan with Helaba, pbb Deutsche Pfandbriefbank and Berlin Hyp, secured by myhive Warsaw Spire,
Israeli IPP Econergy Renewable Energy has secured €33 million in financing from PKO Bank Polski for its 52 MW Resko solar park in Poland.
OMV Petrom and TAROM announced the signing of a contract for the supply of sustainable aviation fuel (SAF), a first for Romanian aviation.
Transformations in schools, the Botanical Garden, and the Circular Economy Center offer Bucharest residents direct opportunities for practical learning and active involvement in the community.
