Wednesday 19 June 2024

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EU unveils recommendations for 2040 climate target

The European Union unveils its ambitious climate agenda, but decisive actions are needed to make it a success.

EIB and Iberdrola agree $1.7bn deal for 22 energy projects

The European Investment Bank (EIB) and Iberdrola agree to financing of 19 solar power plants and three onshore wind farms in Spain, Portugal and Germany.

EU for Ukraine Initiative announced

European Investment Bank approves interim reconstruction fund for Ukraine, providing priority project funding and technical assistance..

EBRD plans €1.1bn for green projects in EU countries

New financing will boost green and sustainable investments in the municipal, transport and energy sectors of twelve countries.

Ukraine reconstruction cost grows to €383bn, says World Bank, EU and...

A new joint assessment released by Ukraine and international partners reveals reconstruction costs following one year of invasion by Russia. 

EIB and Italian government to fund €3.4bn for Palermo-Catania railway upgrade

Direct grants and counter guarantees used for the first time to modernise 178km of railway in Italy. 

AfDB president calls on Europe to harness African energy

As EU nations return to coal amid concerns about Russian gas, Dr Akinwumi Adesina points out great energy opportunities in Africa if finance can be raised. 

EBRD provides next €45m for Corridor Vc Bosnia highway

European Bank for Reconstruction and Development provides latest grant to Corridor Vc for construction works on two motorway sections.

EU Sustainable Finance Taxonomy attacked over nuclear and gas

New rules may be the most ambitious action ever taken on climate change but inclusion of some gas and nuclear power proves controversial.

EBRD green financing hit €5.4bn in 2021

Full year investment reaches €10.4bn, with green financing making up over 50% for the first time.
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