Tag Archives: sustainable development

Valio Exceeds Green Deal Target with 22.5% Reduction in Plastic for Single-Serve Packaging Ahead of Schedule

(IN BRIEF) Valio has exceeded its 2026 target for reducing plastic in single-serve packaging well ahead of schedule, achieving a 22.5% decrease compared to 2022 levels by the end of 2024. This reduction, equivalent to removing 210,000 kg of plastic … Read the full press release

European Investment Bank Unveils US$100 Million Boost to AXIAN Telecom for Expanding 4G and 5G Networks in Tanzania and Madagascar

(IN BRIEF) The European Union, through its Global Gateway strategy, is set to expand mobile broadband connectivity in Madagascar and Tanzania. A financing package of US$100 million from the European Investment Bank will be provided to AXIAN Telecom, with US$60 … Read the full press release

AFRY Partners on Sustainability Study for Estonia’s Phosphorite Project to Enhance Economic Independence

(IN BRIEF) AFRY has been commissioned by the Geological Survey of Estonia to carry out a comprehensive Preliminary Economic Assessment and Pre-Feasibility Study for the Estonian Phosphate Ore project located in Toolse, Estonia. Recognizing Estonia’s significant phosphorite deposits, which are … Read the full press release

Global Disability Summit 2025: KfW Champions Inclusive Development and Education Reforms

(IN BRIEF) The Global Disability Summit 2025 in Berlin, held on April 2 and 3, united international leaders, NGOs, and private sector representatives to focus on the inclusion of people with disabilities. Co-organised by Germany, the Kingdom of Jordan, and … Read the full press release

Luxembourg Future Fund Drives Tech Innovation with Strategic Investment in 33N Ventures

(IN BRIEF) The Luxembourg Future Fund (LFF2), a partnership between SNCI and the EIF, has invested in 33N Ventures, a leading venture capital fund that specializes in cybersecurity and infrastructure software. This investment is designed to boost 33N’s ability to … Read the full press release

Škoda Auto Champions Circular Economy by Repurposing Steel Offcuts in Decarbonisation Initiative

(IN BRIEF) Škoda Auto has joined the SATURNIN project led by Beneva to repurpose steel waste and support industrial decarbonisation. The initiative, which embodies circular economy principles, connects manufacturers by matching data on sheet metal offcuts with the needs of … Read the full press release

Aegon Unveils Transformative Community Investment Initiative in Bermuda

(IN BRIEF) Aegon has unveiled a new community investment program in Bermuda through a partnership with local organizations. The initiative is geared toward reinforcing the local economy by funding projects that improve education, infrastructure, and job creation. Beyond just capital … Read the full press release

EIB Group Bolsters Croatian Business Financing with €132 Million Guarantee Package

(IN BRIEF) The EIB Group has provided a €132 million guarantee package to Croatia-based Erste&Steiermärkische Bank d.d. to expand its lending to Croatian Mid-Caps, micro-entrepreneurs, and social enterprises. The package includes a €100 million guarantee from the EIB and €32 … Read the full press release

APM Terminals Champions Gender Equality and Women’s Empowerment in Maritime Logistics

(IN BRIEF) APM Terminals is focused on increasing female participation in the male-dominated maritime logistics industry, especially as International Women’s Day approaches. The company has implemented various global and regional initiatives to recruit, retain, and support women across all levels. … Read the full press release

University of Twente Team Wins First Place at WED for Sustainable Plastic Waste Solution

(IN BRIEF) The University of Twente team won first place at World Engineering Day for Sustainable Development (WED) for their innovative “ManufacturingBox” project. This solution addresses plastic waste and inadequate housing by creating a self-sustaining microfactory that turns plastic waste … 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

EIB Group Contributes €2.2 Billion in Financing to Greece in 2024, Focusing on Energy, Business Growth, and Disaster Management

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release

UAE-France High-Level Business Council Strengthens Economic Cooperation at Third Meeting

(IN BRIEF) At the third meeting of the UAE-France High-Level Business Council in Paris, strategic partnerships were formed to enhance collaboration in energy, renewable energy, infrastructure, and artificial intelligence. The event, co-chaired by H.E. Dr. Sultan Al Jaber and Patrick … Read the full press release

EIB, EIF, and Santander Bank Polska Partner to Drive €5 Billion in Funding for Polish SMEs with Focus on Gender Equality

(IN BRIEF) The European Investment Bank (EIB), the European Investment Fund (EIF), and Santander Bank Polska have joined forces to launch a new synthetic securitisation agreement aimed at bolstering support for small and medium-sized enterprises (SMEs) in Poland, particularly those … Read the full press release

EIB Invests €15 Million to Support SME Growth and Gender Inclusion in Africa through IPAE 3 Fund

(IN BRIEF) The European Investment Bank (EIB) has committed €15 million to the I&P Afrique Entrepreneurs 3 (IPAE 3) fund, aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The initiative, which focuses on key sectors like agriculture, health, … Read the full press release

Clean Rivers Joins Forces with Project STOP to Advance Waste Management and Combat Plastic Pollution in Indonesia

(IN BRIEF) Clean Rivers has partnered with Project STOP to help reduce plastic waste leakage and improve waste management in Indonesia through the Banyuwangi Hijau Phase 3 project. This partnership is part of a broader agreement between the UAE and … Read the full press release

HBOR Commits €20 Million to EIF-Led Three Seas Initiative Innovation Fund

(IN BRIEF) The Croatian Bank for Reconstruction and Development (HBOR) has pledged €20 million to the Three Seas Initiative Innovation Fund, which supports growth-stage businesses in Central and Eastern Europe. This makes HBOR the fourth contributor to the fund, following … Read the full press release

EIB Approves PLN 1 Billion Loan to Support Sustainable Urban Projects Across Polish Cities

(IN BRIEF) In 2024, the European Investment Bank (EIB) approved over PLN 1 billion (around €274 million) to support sustainable urban development in Polish cities, including Kielce, Radom, Rybnik, and Chorzów. This financing aims to improve urban infrastructure, transport systems, … Read the full press release

CTP Expands Partnership with Milšped, Securing Key Logistics Facilities Across Serbia

(IN BRIEF) CTP has signed three major leases with Milšped, expanding their footprint to 105,000 sqm in Serbia. The new leases span CTP’s industrial parks in Belgrade, Niš, and Novi Sad, positioning Milšped to meet the growing demand for logistics … Read the full press release

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release