Multilateral Development Banks (MDBs) announced that their global climate finance reached a record high of €118 billion in 2023, a significant increase compared to 2019 levels.
Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.
The European Investment Bank Group has announced that a record €49 billion was invested in green finance at the level of 2023.
IFC is concluding a partnership with Raiffeisen Bank to boost sustainable growth in Romania.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
ABB's Smart Buildings Division has announced a strategic collaboration with the World Green Building Council's (WorldGBC) European Regional Network (ERN) to accelerate sustainable and energy-efficient building practices across Europe.
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
SolarPower Europe (SPE) forecasts 65.5GW of solar PV additions in the EU for 2024, marking a significant slowdown compared to previous years.
EIB will provide €243 million in financing to leading independent clean wind and solar energy operator ERG Group to promote the development of renewable energy in Italy, France and Germany.
