Tag Archives: sustainable development

EBRD and Partners Unlock €55 Million for SAHAM Bank’s Green Financing Initiative

(IN BRIEF) The EBRD, supported by the EU, GCF, and Canada through HIPCA, has extended up to €55 million in green financing to SAHAM Bank under Morocco’s Decarbonisation and Climate Resilience programme; this GEFF Plus package—comprising €6.25 million from GCF … Read the full press release

Garanti BBVA Funds Strategic Electricity Infrastructure Upgrades for Uludağ Elektrik in Türkiye’s Marmara Region

(IN BRIEF) Garanti BBVA is financing Uludağ Elektrik Dağıtım A.Ş.’s electricity distribution investments across Türkiye’s Marmara region, covering key provinces such as Bursa, Balıkesir, Çanakkale, and Yalova. Serving four million customers, these investments are vital to enhancing energy security, efficiency, … Read the full press release

ACCIONA Energía’s 1 MW Second-Life BESS Assessed by DNV to Meet EU Circularity Standards

(IN BRIEF) DNV is collaborating with ACCIONA Energía to assess a 1 MW second-life BESS prototype—built from repurposed Silence e-scooter batteries—against EU standards, including the Batteries Regulation (EU 2023/1542). In partnership with integrator Beeplanet, ACCIONA Energía’s pilot system aims to … Read the full press release

Aviva Capital Partners and Moda Secure Over £200 Million to Deliver Nearly 1,000 Build-to-Rent Homes with 20 Percent Affordable Units in Digbeth

(IN BRIEF) Aviva Capital Partners and Moda Group, in partnership with NatWest, Homes England, and the WMCA, have secured over £200 million to develop Stone Yard, a build-to-rent community in Digbeth, Birmingham. Phase one will deliver 605 high-quality rental homes … Read the full press release

IDB and EIB Join Forces in Seville to Ramp Up Co-Financing, Private Investment and EU-Backed Projects in Latin America and the Caribbean

(IN BRIEF) At FfD4 in Seville, the IDB and EIB signed a cooperation agreement to intensify financing and reinforce development impact in Latin America and the Caribbean. The framework focuses on expanding joint sovereign-backed loans, mobilizing private capital through blended … Read the full press release

Savills UK Welcomes Citydesigner to Expand Heritage and Townscape Expertise Nationwide

(IN BRIEF) Savills UK has acquired Citydesigner, a heritage, townscape, and architectural design consultancy founded in 1997 by Richard Coleman. The eight-member Citydesigner team joins Savills’ 350-strong UK planning consultancy, led by Henry Ryde, serving major London estates, developers, REITs, … Read the full press release

Ramboll Expands Americas Biodiversity Metric to Cover Full North American Habitat Data

(IN BRIEF) Ramboll has released ABM 2.0, an upgraded biodiversity quantification tool now covering the entire United States, Canada, and northern Mexico. Adapted from the Natural England Biodiversity Metric and developed with NatureServe, the ABM initially focused on habitats in … Read the full press release

EIB-Backed Jiji Hydropower Plant Launch Powers 15,000 Homes and Boosts Burundi’s Growth

(IN BRIEF) Burundi’s President officially opened the Jiji hydroelectric plant in Bururi province, marking a major milestone toward the nation’s energy self-reliance. When paired with the soon-to-be-completed Mulembwe facility, the two dams will deliver 49.5 MW of capacity and 235 … Read the full press release

NIB Commits SEK 860 Million to Retrofit Stockholm’s Heritage-Listed Söderhallarna for 50 % Energy Savings

(IN BRIEF) NIB has agreed to lend SEK 860 million (≈ EUR 79.5 million) over ten years to Atrium Ljungberg for the overhaul of Söderhallarna in Stockholm, reducing its energy use by 50 percent. The 1992-built landmark will retain its … Read the full press release

Dassault Systèmes, Université de Moncton and Opportunities New Brunswick Unite with Dieppe, Moncton and Regional Partners on Virtual Twin Urban Planning Project

(IN BRIEF) Dassault Systèmes and the Université de Moncton have begun a six-month pilot to address housing, urban density, and conservation in southeastern New Brunswick. Using the 3DEXPERIENCE platform, they will create a 1,000 km² virtual twin of Dieppe and … Read the full press release

Public Development Banks Unveil €3 Billion Clean Oceans Initiative 2.0 to Tackle Marine Plastic Crisis Through 2030

(IN BRIEF) At the UN Ocean Conference in Nice, six public development banks including EIB, AFD, and KfW, joined by new partner ADB, launched Clean Oceans Initiative 2.0 — a renewed €3 billion pledge running from 2026 to 2030 to … Read the full press release

EIB and Luxembourg Launch €5 Million Investment to Back Ocean-Based Climate Projects in Island States

(IN BRIEF) The European Investment Bank, through EIB Global and in collaboration with the Government of Luxembourg, is investing €5 million via the Luxembourg-EIB Climate Finance Platform into the Outrigger Impact Fund I, a new initiative focused on supporting Small … Read the full press release

EIF Partners with BluOr Bank to Offer €30 Million in Green Financing for Latvian SMEs

(IN BRIEF) The EIF and BluOr Bank have signed an agreement to provide up to €30 million in financing for Latvian SMEs working on green projects. Supported by the EU’s InvestEU programme, this initiative aims to help businesses improve energy … Read the full press release

SCHOTT Pharma Expands Capacity with New RTU Cartridge Facility in Hungary

(IN BRIEF) SCHOTT Pharma has begun construction on a new production facility for ready-to-use (RTU) cartridges at its Lukácsháza site in Hungary. The investment of over 100 million euros will expand the company’s manufacturing capacity to meet increasing demand for … Read the full press release

TUM Study Finds Green Hydrogen from Africa More Expensive Than Expected, Recommends Policy Interventions

(IN BRIEF) A study led by TUM and supported by the University of Oxford has revealed that producing green hydrogen in Africa for export to Europe is much more expensive than previously assumed. Only a small fraction of potential production … Read the full press release

TotalEnergies and RGE Launch Pioneering Solar and Battery Project in Indonesia, Securing Licence to Import 1 GW of Clean Power to Singapore

(IN BRIEF) TotalEnergies and RGE have announced a major renewable energy project in Indonesia, where their joint venture, Singa Renewables, has received a conditional licence from Singapore’s Energy Market Authority (EMA) to import 1 GW of clean power. The project, … Read the full press release

DNV Study Shows Companies Leveraging ESG Regulations to Strengthen Business Performance Amid Uncertainty

(IN BRIEF) A new study conducted by DNV and the University of Cambridge reveals that companies are using ESG regulations to enhance business performance, despite the regulatory uncertainty. The research found that 72% of businesses believe improving ESG compliance has … Read the full press release

Castel Mimi Winery in Moldova Receives €1.24 Million Investment for Sustainable Growth and Wellness Centre Development

(IN BRIEF) The EBRD, EU, and maib have partnered to fund Castel Mimi’s expansion in Moldova, providing a €1.24 million loan to build a wellness centre at its award-winning wine resort. This investment supports sustainable development in Moldova’s wine tourism … Read the full press release

IKEA Partners with EFI and Preferred by Nature to Innovate Climate-Smart Forest Management Practices

(IN BRIEF) IKEA, alongside the European Forest Institute and Preferred by Nature, has launched a research project to improve forest management and enhance biodiversity. Starting with IKEA’s forests in Latvia, the project will test climate-smart forestry methods and explore how … Read the full press release

EIB Launches Greening Financial Systems Programme to Strengthen Ethiopia’s Financial Sector Against Climate Change

(IN BRIEF) The EIB has launched the Greening Financial Systems (GFS) Programme in Ethiopia, aimed at enhancing the resilience of the country’s financial sector to climate risks. This initiative, supported by Germany’s International Climate Initiative, will help the National Bank … Read the full press release