Tag Archives: sustainable development

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

Arkema Achieves “A” Rating for Climate Change and “A-” for Water Security in 2024 CDP Assessments

(IN BRIEF) Arkema has earned an “A” rating for Climate Change and an improved “A-” rating for Water Security in the 2024 CDP assessments. These recognitions place Arkema among the top 2% of over 24,700 companies evaluated, highlighting the Group’s commitment … Read the full press release

EIB and Luxembourg Space Agency Collaborate to Integrate Satellite Data into Financial Sector Practices

(IN BRIEF) The EIB and the Luxembourg Space Agency (LSA) have partnered to enhance the use of satellite data in the financial sector, aiming to improve financial services’ sustainability and reporting. Through an R&D Pilot Programme, the collaboration will explore … Read the full press release

University of Twente Receives Significant Bequest from Ottoline Visser-Stokhuijzen to Foster Research and Education

(IN BRIEF) Ottoline Visser-Stokhuijzen’s €10 million bequest to four Dutch universities will significantly enhance scientific research and education. The University of Twente will receive €2.5 million, supporting innovative research and assisting students facing financial or personal challenges. The bequest will … Read the full press release

Norrslam AB to Launch Sweden’s First Full-Scale Sludge Incineration Plant at Umeå Eco Industrial Park

(IN BRIEF) Norrslam AB plans to establish Sweden’s first full-scale sludge incineration plant at Umeå Eco Industrial Park to address the country’s wastewater treatment by-products. This innovative project will incorporate mono-incineration technology, using liquid sludge as a fuel source, and … Read the full press release

Allianz Group and Allianz Turkey Invest Over €2 Million in New Dormitory Project to Empower Girls Through Education

(IN BRIEF) Allianz Group and Allianz Turkey have invested over €2 million in a new dormitory project in collaboration with the Koruncuk Foundation. Located in Istanbul, the dormitory will provide a safe and nurturing environment for girls in need, offering … Read the full press release

Opin.fi: A Unified Platform Offering Open Higher Education Studies Across Finnish Universities

(IN BRIEF) Opin.fi is a centralized service that offers Finnish university and applied sciences students easy access to a wide range of open higher education courses. With a goal to expand to 37 participating institutions by the end of the … Read the full press release

KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity

(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release

EIB Joins LeapFrog to Drive Climate Innovation Across Africa and Asia with $60M Commitment

(IN BRIEF) The European Investment Bank has pledged $60 million to support LeapFrog Investments’ Climate Investment Strategy, a fund aiming to deploy $500 million for green technologies across Africa and Asia. Joined by partners such as IFC, Temasek, and SIFEM, … Read the full press release

LANXESS Earns Top Climate Score from CDP, Recognized Among Global Sustainability Leaders

(IN BRIEF) LANXESS has been recognized by CDP with an “A” grade for its climate action, ranking among the top 2 percent of more than 24,700 companies globally in 2025. This is the eighth time LANXESS has made CDP’s “A … Read the full press release

Nordex Reflects on Four Decades of Climate Impact as Earth Day 2025 Highlights Renewable Progress

(IN BRIEF) To commemorate Earth Day 2025, Nordex is highlighting its four-decade journey in sustainable wind power development. From pioneering early efforts to reduce CO2e emissions in the 1980s to installing over 57 GW of wind capacity in more than … Read the full press release

SGS Recognized by Isometric to Validate and Verify Carbon Removal Projects

(IN BRIEF) SGS has been approved as a Validation and Verification Body for Isometric, the leading carbon removal registry. This designation enables SGS to validate and verify carbon removal projects under the stringent Isometric Standard, reinforcing its role in ensuring … Read the full press release

EIB and EIF Unveil €3.6 Billion Financing Package to Boost Clean Transport, Energy, and Automotive Innovation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved new financing initiatives aimed at bolstering clean transport, energy, and innovation projects, as well as enhancing water and sanitation infrastructure in Africa with a total … Read the full press release