Tag Archives: Climate Action

Amazon deploys Mercedes-Benz eActros 600 electric trucks across UK to drive sustainable logistics operations

(IN BRIEF) Mercedes-Benz Trucks has begun delivering eActros 600 electric trucks to Amazon in the UK, part of a record-breaking order of over 200 units for operations in Germany and the UK. These vehicles, which can charge from 10% to … Read the full press release

SGS strengthens circular economy leadership through partnership with Global Circularity Protocol

(IN BRIEF) SGS has joined the Global Circularity Protocol as part of its mission to accelerate the global shift toward circular, sustainable business models. Announced at COP30 in Brazil, the company will support the protocol’s implementation with its strong track … Read the full press release

EU and EIB boost Central America’s clean energy transition with €1 billion funding under Global Gateway plan

(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release

EIB Expands Climate Roadmap with New Funding for Clean Energy, Reforestation, and Women Entrepreneurs at COP30

(IN BRIEF) The European Investment Bank (EIB) Group will unveil a series of climate-focused initiatives at COP30 in Belém, Brazil, strengthening global action on clean energy, biodiversity, and sustainable development. Backed by its Climate Bank Roadmap Phase Two, the EIB … Read the full press release

EIB Group Strengthens Sustainability Leadership with €51 Billion in Climate Financing and New Reporting Framework

(IN BRIEF) The European Investment Bank (EIB) Group has launched its first fully integrated Sustainability Report for 2024, combining multiple prior disclosures into one comprehensive publication aligned with EU sustainability standards. The report highlights record climate financing of €51 billion, … Read the full press release

EIB grants €100 million loan to Holmen to expand wind power and strengthen Sweden’s clean-energy transition

(IN BRIEF) The European Investment Bank is lending €100 million to Swedish forest-industry group Holmen to finance the expansion of its onshore wind projects in northern Sweden. The investment will increase renewable energy production to meet rising demand from energy-intensive … Read the full press release

EIB Group and Santander Partner in €569.5 Million Securitisation to Boost Green Construction and SME Competitiveness in Spain

(IN BRIEF) The EIB Group, comprising the European Investment Bank and the European Investment Fund, has signed a €569.5 million securitisation deal with Santander to support Spanish SMEs and mid-caps. The transaction will unlock approximately €1.08 billion in financing, including … Read the full press release

EIB Provides €90 Million Loan to TVO for Safety and Modernization Upgrades at Finland’s Olkiluoto Nuclear Plant

(IN BRIEF) The European Investment Bank has approved a €90 million loan to Finland’s Teollisuuden Voima Oyj (TVO) to upgrade two reactor units at the Olkiluoto nuclear power plant. The financing will fund safety-critical updates, including control system modernization and … Read the full press release

Barcelona and the EIB Strengthen Partnership to Expand Sustainable Public Housing and Support Vulnerable Residents

(IN BRIEF) The European Investment Bank and the Barcelona City Council have signed a €113 million agreement to develop nine social housing projects that will deliver 640 new homes for around 2,040 people between 2026 and 2030. The initiative—part of … Read the full press release

Vaisala Expands Elements Portfolio with Real-Time Software Solution for Smarter, Safer Weather-Driven Decision Making

(IN BRIEF) Vaisala has introduced Elements Lite, an advanced, customizable software platform that delivers real-time, operation-specific weather intelligence to users across multiple industries. Showcased at Meteorological Technology World Expo 2025, the platform enables professionals in fields such as disaster response, … Read the full press release

Bechtle Achieves Science-Based Validation for Its 2050 Net-Zero Targets, Strengthening Long-Term Climate Commitment

(IN BRIEF) Bechtle AG has achieved validation from the Science Based Targets initiative (SBTi) for its long-term net-zero targets, confirming their alignment with recognised scientific standards. The approval builds on the company’s earlier validated near and mid-term goals and reflects … Read the full press release

University of Helsinki and Aalto University Collaborate for Finland’s COP30 Delegation

(IN BRIEF) The University of Helsinki will join Finland’s pavilion at COP30, the United Nations Climate Change Conference taking place in November 2025 in Belém, Brazil. In collaboration with Aalto University, the university will present a multidisciplinary group of professors … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

Spanish grid resilience boosted as Endesa secures €650 million loans from EIB and Recovery Fund

(IN BRIEF) The European Investment Bank (EIB) and Endesa have signed two loan agreements totalling €650 million to support the modernisation and digitalisation of Spain’s electricity distribution network. The financing package includes €500 million from the Regional Resilience Fund managed … Read the full press release

Schneider Electric partners with Climeworks in landmark agreement to remove 31,000 tons of CO₂ and support net-zero by 2050

(IN BRIEF) Schneider Electric has signed a multi-year agreement with Climeworks to remove 31,000 tons of CO₂ from the atmosphere by 2039, representing its first purchase of durable carbon removal credits and Climeworks’ largest portfolio deal to date. The partnership … Read the full press release

EBRD and Egypt launch €10 million facility to advance sustainable PPP infrastructure projects

(IN BRIEF) The EBRD, in collaboration with Egypt’s Ministry of Finance and supported by the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility to accelerate the development of bankable public-private partnership … Read the full press release

Vaisala unveils WindCube 2.1 XP with extended range and efficiency to strengthen wind resource assessment

(IN BRIEF) Vaisala has launched the WindCube 2.1 XP, a major upgrade to its trusted vertical profiler wind lidar, delivering higher accuracy, better data availability, and improved energy efficiency. The system provides reliable measurements up to 400 meters and is … Read the full press release

EIB supports Joltie with €17.5 million financing to roll out 2,200 EV charging points in Greece and Cyprus

(IN BRIEF) The European Investment Bank (EIB) has approved up to €17.5 million in venture debt financing for Joltie SA, a Greek EV charging operator, to install about 2,200 new charging points in Greece and Cyprus by 2029. Supported by … Read the full press release

Ahlstrom Achieves Top CDP Supplier Engagement Rating for Leadership in Climate Action and Sustainable Procurement

(IN BRIEF) Ahlstrom has been awarded an A score in the 2024 CDP Supplier Engagement Assessment for its leadership in sustainable procurement and climate action. The evaluation recognizes companies that set high standards in governance, Scope 3 emissions management, and … Read the full press release

Sandoz Partners with Elawan Energy on 150 MW Spanish Solar Project to Power Nearly 90% of European Operations

(IN BRIEF) Sandoz has signed a 10-year virtual PPA with Elawan Energy to develop 150 MW of new solar capacity in Valladolid, Spain, expected to meet almost 90% of electricity demand for its European operations. This partnership is a key … Read the full press release