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climate finance

Climate financing by multilateral development banks hits new record

MDBs committed $66bn in climate finance in 2020 up from $61.6 billion the previous year, a new report released by the eight MDBs has revealed.
ppl corporation

EBRD and EU support Jordan’s National Green Growth Plan

The EBRD in partnership with the European Union will be supporting the government of Jordan to rollout its climate adaptation strategy.
green cities

EBRD doubles funding for green cities initiative

The European Bank for Reconstruction and Development has announced that it is doubling its funding for its green cities initiative.
climate change

New partnership to unlock €220 million for Egypt’s climate fight

The European Bank for Reconstruction and Development, the EU and the GCF partnered to help Egypt to address climate change.
decarbonisation poland

Polish utility gets $65.1 million for grid modernisation and decarbonisation

Tauron Polska Energia has secured €55.8m in funding from the EBRD to implement its grid modernisation and decarbonisation strategy.

EBRD and NEXI partner to accelerate investments in green economy

EBRD and Nippon Export and Investment Insurance (NEXI) have signed a deal to combine their expertise in green financing.
energy efficiency sarajevo

EBRD announces €10 million energy efficiency finance package for Sarajevo

EBRD and the EU have announced €10 million in funding for the capital city of Bosnia and Herzegovina to implement energy efficiency upgrades.

EBRD supports Montenegro’s energy decarbonisation agenda

In Montenegro, EPCG has secured a €50 million loan from EBRD to address the challenges presented by the Covid-19 pandemic.

EBRD loan to ease cashflow challenge at Greek utility

The Public Power Corporation of Greece has secured a €160 million from the EBRD to fund its operations during the COVID-19 crisis.

Georgia adopts two key energy efficiency laws

The government of Georgia has adopted two pieces of legislation as part of efforts to accelerate energy efficiency measures and to tackle climate change.