December highlights bring the latest news about sustainable finance and green economy in the countries of the EECA region.
Summing up 2021! Watch the Year End End Video
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IFC to Help Ukraine’s City of Kryvyi Rih Upgrade Public Transport, Accelerate Green Recovery
"IFC - International Finance Corporation's
investment, comprising EUR 10.2 million of its own account and €3.5 million in blended concessional finance through the Climate Investment Funds' Clean Technology Fund, will help the city achieve
its goals, complementing scarce public sector resources." Learn more...
Ukraine: City of Kyiv
to upgrade urban electric transport with a €100 million loan from the EIB
Through the first sub-sovereign EUR
100 million loan - offered on a standalone basis to a municipality without the government’s participation - provided by the European Investment Bank (EIB) in #Ukraine, the City of Kyiv will
increase the availability and improve the quality of its sustainable urban public transport. Learn
more...
EU Council Clears EU Taxonomy Rules for Climate for Implementation in January
2022
As the EU Council Member States have approved the EU Taxonomy Climate Delegated Act, the regulation was enabled to to take effect as of January 1, 2022, marking a significant milestone
in providing transparency to companies and investors. Learn
more...
EBRD, EIB and EU invest €75 million for a more energy efficient Moldova
The EU, European Investment Bank (EIB) and European Bank for Reconstruction and
Development (EBRD) will jointly provide EUR 75 million for the first energy efficiency project implemented in Moldova. Learn
more...
EBRD, Raiffeisen boost MSME funding in Ukraine
Almost one-third of the European Bank for Reconstruction and Development (EBRD) EUR 75 million guarantee to Raiffeisen Bank in Ukraine — initially provided to boost MSME funding — will be directed to finance green technologies. Learn more...
«Kazakhstan Housing Company» JSC and the Eurasian Development Bank plan to issue social bonds
Within the framework of the signed document the Eurasian Development Bank and Kazakhstan Housing Company JSC will consider the #socialbonds issuing on the Astana International Exchange. Learn more...
New EBRD and EU support for Moldovan businesses via Victoriabank
As part of the EU4Business-EBRD Credit Line Moldova a EUR 5 million European Bank for Reconstruction and Development (EBRD) loan for Victoriabank will help Moldovan firms advance resource efficiency and invest in green technologies. Learn more...
ACWA Power seals PPA for 100 MW wind project in Uzbekistan
ACWA Power signed a power purchase agreement for the 100-MW Nukus windfarm that will be built in the northwest of Uzbekistan. Electricity procured from the wind farm is expected to total about 350 million kWh per year for a period of 25 years. Learn more...
Ukraine’s Nova Poshta to build new hub with EBRD loan
EUR 13 million European Bank for Reconstruction and Development (EBRD) loan will help Нова пошта / Nova Poshta build an innovative, automated sorting hub in the south-central Ukrainian city of Dnipro. Once operational, it will let the company use its fleet more efficiently and save energy. Learn more...
Masdar inks agreement for 100-MW solar farm in Georgia
Abu Dhabi’s renewable energy company Masdar signs an agreement with Georgian Energy Development Fund to develop a 100 MW solar project in Georgia. Learn more...
EBRD and EU to fund SMEs in Armenia
EUR 5 million financial support package from European Bank for Reconstruction and Development (EBRD) to Armeconombank OJSC will aim at facilitating the transition of Armenia's private sector to more sustainable, low carbon and climate resilient practices. Learn more...
EBRD, EU back maib in boosting financing for Moldovan firms
At least 70% of the financial package — provided by European Bank for Reconstruction and Development (EBRD) to maib to provide greater access to finance for Moldovan firms — is expected to finance investments in green technologies. Learn more...
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