Tag Archives: Climate Action

EIB Group Invests €121 Million to Boost Green Mortgages and Energy Efficiency in Spain’s Real Estate Sector

(IN BRIEF) The EIB Group has committed €121 million to a synthetic securitisation operation with Santander, aiming to mobilize €163 million to promote green loans in Spain’s residential real estate market. This collaboration will support energy efficiency and sustainability projects, … Read the full press release

ECOWAS Bank and European Investment Bank Launch €100 Million Partnership to Drive Climate Action in West Africa

(IN BRIEF) The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with support from the European Union (EU), have launched a €100 million partnership aimed at addressing climate action and environmental sustainability challenges in the … Read the full press release

EIB and Sparkasse Bank Launch Partnership to Drive Green Finance and Sustainability in North Macedonia

(IN BRIEF) The European Investment Bank (EIB) and Sparkasse Bank AD Skopje have launched their collaboration under the Greening Financial Systems (GFS) technical assistance programme in Skopje. This initiative aims to foster green transformation by supporting financial institutions in North … Read the full press release

EPP Group Supports Omnibus Business Simplification to Drive Growth and Reduce Bureaucratic Barriers

(IN BRIEF) The EPP Group has voiced strong support for the upcoming Omnibus business simplification initiative, emphasizing the urgent need for economic growth and job creation in Europe. With a focus on cutting unnecessary bureaucratic obstacles, the group aims to … Read the full press release

EIB Group Boosts Sweden’s Green Transition with €1.9 Billion Financing in 2024

(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release

Mesa Multiactor Foundation Launched to Lead Water Management Efforts in Chile’s Salar de Atacama

(IN BRIEF) As of February 2025, the Multi-Stakeholder Roundtable (Mesa Multiactor) has officially transitioned into an independent foundation, focusing on sustainable water management in Chile’s Salar de Atacama. The initiative, backed by major corporations like BASF, BMW, and Volkswagen, has … Read the full press release

Anglo American Progresses Towards Demerger of Anglo American Platinum, Announces Dividend Payments

(IN BRIEF) Anglo American has made considerable progress in its demerger of Anglo American Platinum, with a significant dividend payout announced for Anglo American Platinum shareholders ahead of the separation. The company continues to advance towards the planned demerger in … Read the full press release

EIB Partners with One World Media to Support Women’s Solutions Reporting Award

(IN BRIEF) The European Investment Bank (EIB) and One World Media (OWM) continue their partnership for the Women’s Solutions Reporting Award, recognizing media coverage that highlights the role of women in addressing global challenges. This award, part of the 2025 … Read the full press release

EIF Launches €200M Green Private Credit Fund to Drive Sustainability and Support Women Entrepreneurs in Europe

(IN BRIEF) The European Investment Fund (EIF) has launched the Green Private Credit fund, aimed at advancing Europe’s green transition and decarbonizing small and medium-sized enterprises (SMEs). The fund, with a target size of EUR 200 million, will generate up … Read the full press release

Telefónica Earns 11th Consecutive Recognition in CDP’s ‘A List’ for Ongoing Climate Leadership

(IN BRIEF) Telefónica has been recognized for the eleventh consecutive year in CDP’s ‘A List’ for its leadership in climate action. The company has successfully reduced its operational emissions by 81% and its value chain emissions by 51%, achieving significant … Read the full press release

Stora Enso Recognized on CDP’s 2024 Climate Change ‘A List’ for Leadership in Sustainability and Emissions Reduction

(IN BRIEF) Stora Enso has been awarded a spot on CDP’s 2024 Climate Change ‘A List’ in recognition of its exceptional leadership in climate action and transparency. The company was acknowledged for its comprehensive disclosure practices, management of environmental risks, … Read the full press release

EIB Extends €42.8 Million Loan to Ústí nad Labem for Sustainable Infrastructure and Green Development

(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release

DNV Explores the Growing Role of Wind-Assisted Propulsion Systems in Maritime Decarbonization

(IN BRIEF) DNV’s new whitepaper examines the growing interest in wind-assisted propulsion systems (WAPS) and their increasing adoption across the shipping industry. The paper explores how WAPS contribute to fuel savings, reduce emissions, and help meet maritime regulations. It also … Read the full press release

EIB Global Appoints Miha Švent as New Representative for Bosnia and Herzegovina to Strengthen Sustainable Development and EU Integration

(IN BRIEF) EIB Global has appointed Miha Švent as its new representative for Bosnia and Herzegovina, focusing on sustainable development, climate action, and energy security. The bank has already invested over €3.5 billion in strategic projects, strengthening BiH’s EU integration … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release

DFCC Bank Achieves Historic Dual Listing of Green Bond on Luxembourg Stock Exchange

(IN BRIEF) DFCC Bank has achieved a historic milestone with the dual listing of its Green Bond on the Luxembourg Stock Exchange (LuxSE) and its display on the Luxembourg Green Exchange (LGX). This follows the bond’s initial listing on the … Read the full press release

EIF Pledges €20 Million to New Private Credit Fund Supporting Baltic SMEs and Sustainable Growth

(IN BRIEF) The European Investment Fund (EIF) has committed €20 million to the SG Capital Baltic Private Credit Fund, a new initiative managed by Latvia-based SG Capital Partners AIFP. The fund aims to raise €100 million to support small and … Read the full press release

Multilateral Development Banks Commit to Mobilizing USD 120 Billion for Climate Action at COP29

(IN BRIEF) At COP29 in Baku, multilateral development banks (MDBs) announced a commitment to collectively mobilize significant financial support to help countries meet ambitious climate goals. By 2030, MDBs estimate they will direct USD 120 billion annually towards low- and … Read the full press release

EIB and European Environment Agency Deepen Partnership to Drive Climate Action and Biodiversity Protection

(IN BRIEF) The European Investment Bank (EIB) and the European Environment Agency (EEA) have strengthened their collaboration through a new Memorandum of Understanding (MoU) to promote climate action, biodiversity protection, and sustainable finance. The partnership will focus on sharing data, … Read the full press release

Iberdrola Recognized Among Top 10 Global Companies for Leadership in Sustainability and Climate Action

(IN BRIEF) Iberdrola has been recognized by Richmond Global Sciences (RGS) as one of the top 10 companies globally for its significant positive impact on environmental, social, and financial aspects. This recognition highlights Iberdrola’s commitment to the United Nations Sustainable … Read the full press release