(IN BRIEF) Iberdrola, a major energy company, has received recognition as the world’s leading private utility for investment in innovation and development, marking its second consecutive year of achievement in this regard. The European Commission’s report, ‘The 2023 Industrial R&D … Read the full press release
(IN BRIEF) The European Commission has given its approval for RWE to receive €2.6 billion in compensation for the early phase-out of its lignite-fired power plants, as mandated by the German Act to Reduce and End Coal-Fired Power Generation passed … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Coal Phase-Out, European Commission, partnership, RWE, sustainability
(IN BRIEF) Starting from January 1, 2024, the United Kingdom will officially become an associated country to Horizon Europe, the European Union’s research and innovation program. This milestone was achieved as the EU-UK Specialized Committee on Participation in Union Programs … Read the full press release
(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Breakthrough Energy Catalyst, carbon-neutral shipping, COP28, decarbonisation of shipping, e-methanol plant, EU-Catalyst Partnership, European Commission, European Investment Bank, FlagshipONE, Global shipping, Mads Nipper, Övik Energi, Rodi Guidero, Werner Hoyer, Ørsted
(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Portugal, Spain, United Kingdom
Tagged bp pulse, DiDi, electric vehicles, Energy Infrastructure Partners, European Commission, EV charging, GIC, Hertz, high speed public charging, high-speed charging infrastructure, Iberdrola, Iberia, joint venture, MAPFRE, Marks & Spencer, Masdar, Norges Bank Investment Management, PORTUGAL, public charging points, REWE, Spain, Tesla, Uber, ultra-fast public charging network
(IN BRIEF) The U.S. Department of State has pledged USD 1 million to support the International Centre for the Prosecution of the Crime of Aggression Against Ukraine (ICPA), hosted at Eurojust. Eurojust, the European Union’s agency for judicial cooperation in … Read the full press release
Posted in European Union, Financial, Government, Law, Ukraine
Tagged CICED, Core International Crimes Evidence Database, Didier Reynders, Eurojust, European Commission, European Union, Foreign Policy Instruments, ICPA, International Centre for the Crime of Aggression, International Centre for the Prosecution of the Crime of Aggression Against Ukraine, Ms. Jessica Kim, Russian war, U.S. Department of State, UKRAINE, United States
(IN BRIEF) The European Investment Bank (EIB) and the European Commission have announced a new agreement that will triple the EIB’s advisory assistance for the Western Balkans and potentially Turkey under the JASPERS program. This agreement includes the largest-ever budget … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Turkey
Tagged Advisory Assistance, EIB, European Commission, partnership, sustainability, Turkey, Western Balkans
(IN BRIEF) The European Investment Fund (EIF) and Millennium bcp (BCP) have signed a €405 million InvestEU-backed guarantee agreement to support investment in Portugal. The financing will focus on key EU priorities, including sustainability, innovation, digitalization, social entrepreneurship, and more. … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIF, European Commission, financing, InvestEU, Marjut Falkstedt, Miguel Maya, Millennium bcp, Paolo Gentiloni, partnership, Portugul, SMEs, sustainability
(IN BRIEF) The FEDERATES consortium, led by Rheinmetall, has secured €30 million in funding from the European Union for an innovative training and decision support project. FEDERATES aims to create a “distributed synthetic simulation environment” that connects various simulation resources … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has announced a substantial investment of €500 million to support the eradication of polio in Africa and Asia. This landmark commitment was unveiled during a press conference in Brussels, signifying a historic partnership … Read the full press release
Posted in Banks, Business, Education, Environment, European Union, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, Media, News, Science, Technology
Tagged Africa, ASIA, Bill and Melinda Gates Foundation, Bill Gates, EIB, Eradicate Polio, European Commission, investment, partnership, President Werner Hoyer, sustainability, UNICEF, World Health Organization (WHO)
(IN BRIEF) The European Commission, the European Investment Bank (EIB), and the Bill & Melinda Gates Foundation have unveiled a groundbreaking financing partnership aimed at addressing global health challenges. The partnership, with support from the World Health Organization (WHO) and … Read the full press release
Posted in Banks, Business, Education, European Union, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged Bill & Melinda Gates Foundation, Bill Gates, Catherine Russell, Dr Tedros Adhanom Ghebreyesus, EIB, Eradicate Polio, European Commission, health innovation, Melinda French Gates, partnership, sustainability, UNICEF, Ursula von der Leyen, Werner Hoyer, WHO
(IN BRIEF) In a collaborative effort between the European Investment Fund (EIF) and Malta’s Ministry of European Funds and Lands, €16.55 million will be provided to support small and medium-sized businesses (SMEs) in Malta through the ‘Malta Member State Compartment.’ … Read the full press release
Posted in Banks, European Union, Financial, Investment, Luxembourg, Malta, Small Business
Tagged EIF, ERDF, European Commission, European Investment Fund, InvestEU, JEREMIE, Malta, Maltese SMEs, Marjut Falkstedt, MFF, Silvio Schembri, SMEs
(IN BRIEF) European Commission proposes measures to make freight transport more efficient and sustainable, aligning with the European Green Deal’s goal of reducing transport emissions by 90% by 2050. The proposed initiatives include optimizing rail capacity to improve cross-border coordination, … Read the full press release
Posted in Environment, European Union, Politics, Transportation & Logistics, Travel
Tagged Adina Vălean, Boost Efficiency, calculating greenhouse gas emissions, cross-border coordination, cut emissions, EU Single Market, European Commission, Frans Timmermans, freight transport, Green Deal, low-emission lorries, rail capacity, reducing transport emissions
(IN BRIEF) A study conducted by the European Commission and the European Investment Bank (EIB) suggests that implementing the European track gauge on lines to Lviv and Chișinău would be a crucial first step in enhancing connections between Poland and … Read the full press release
Posted in Banks, Business, European Union, Industrial, Infrastructure & Utilities, Luxembourg, Moldova, Poland, Romania, Transportation & Logistics, Ukraine
Tagged Adina Vălean, cross-border connections, EIB, EU-Ukraine Solidarity Lanes, European Commission, European Investment Bank, European track gauge, JASPERS, land transport connections, Solidarity Lanes, Teresa Czerwińska
(IN BRIEF) Banque Mauritanienne de l’Investissement (BMI) and the European Investment Bank (EIB) have signed a memorandum of understanding to provide support to small and medium-sized enterprises (SMEs) and mid-caps in Mauritania. The partnership, under the new 2023-2027 agreement between … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Ministry of Foreign Affairs in Mexico have signed a declaration of intent to strengthen their strategic partnership on financing sustainable development in Mexico. The agreement aims to provide appropriate and affordable … Read the full press release
Posted in Banks, European Union, Financial, Investment, Luxembourg
Tagged Andrés Manuel López Obrador, BANCOMEXT, BANOBRAS, Carmen Moreno Toscano, CFE, CONAGUA, EIB, EU-Mexico partnerships, European Commission, European Investment Bank, Federal Electricity Commission, Kristin Lang, Lithium for Mexico, LITIO MX, Mexico, Mexico City, Nacional Financiera SNC, NAFIN, National Bank of Foreign Trade, National Bank of Public Works and Services, National Water Commission, Plan Sonora, Ursula von der Leyen
(IN BRIEF) A report by the European Investment Bank (EIB) highlights the importance of nature-based solutions in building resilient societies in the face of climate change. The report calls for regulatory and subsidy reforms and a more flexible range of … Read the full press release
(IN BRIEF) TotalEnergies is partnering with Colorado State University to develop an international protocol for methane emissions measurements as part of its commitment to reduce methane emissions. The collaboration aims to establish standards for the accuracy and detection limits of … Read the full press release
Posted in Energy, Gas & Oil, European Union, France, Industrial, Infrastructure & Utilities, Management, Technology
Tagged Colorado State University, Daniel Zimmerle, DG-ENER, DOE, European Commission, Global Methane Pledge, Marie-Noëlle Semeria, METEC, Methane Emission Technology Evaluation Center, methane emissions, Methane Guiding Principles, Pôle d’Etudes et de Recherche de Lacq, qualification of methane emission quantification technologies, qualification of methane emissions measurements, TADI, TotalEnergies, Transverse Anomaly Detection Initiatives, US Department of Energy, zero Methane emissions
(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release
(IN BRIEF) A group of European space and telecommunications companies, including Airbus Defence and Space, Eutelsat, Hispasat, SES, and Thales Alenia Space, have formed a consortium to respond to the European Commission’s call for tender for the future European satellite … Read the full press release
Posted in Aviation & Aerospace, European Union, Government, Industrial, Infrastructure & Utilities, Security & Safety, Technology, Telecom
Tagged Airbus Defence and Space, Deutsche Telekom, European Commission, European satellite constellation, European Space, Eutelsat, Hisdesat, Hispasat, Infrastructure for Resilience, Interconnectivity and Security by Satellite, IRIS², OHB, Orange, resilient connectivity infrastructure, SES, telecommunications players, Telespazio, Thales, Thales Alenia Space
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