The warning could hardly have been starker: “Climate change is widespread, rapid, and intensifying, and some trends are now irreversible”, the Intergovernmental Panel on Climate Change (IPCC) said in its latest report published in August. It was a stark reminder that action
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Turkish exporters of energy-intensive products such as cement, steel and aluminium could face steep additional costs when legislative proposals tabled by the European Commission (EC) under the European Green New Deal come into effect.
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A new metro line in Izmir, Turkey’s third-largest city, will provide safer, more reliable and greener transport for about 500,000 residents in the urban district of Buca. The European Bank for Reconstruction and Development (EBRD) is supporting the first phase of construction
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Ukraine’s economy is set to return to growth in 2021, the European Bank for Reconstruction and Development (EBRD) says in its latest Regional Economic Prospects report, published. The Bank forecasts the country’s gross domestic product (GDP) to increase 3.5 per cent on the
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Twenty-one businesses that have made outstanding contributions to environmental and social sustainability were honoured with awards at the EBRD’s 2021 Annual Meeting.The awards ceremony was preceded by the launch of the EBRD’s latest Sustainability Report.
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British Reporter — Massive state intervention in the economy has prevented a rise in non-performing loans (NPLs) during the Covid-19 pandemic in central and south-eastern Europe (CESEE), but the quality of bank assets after the phasing out of public measures “remains uncertain”,
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British Reporter — According to EBRD, “Nature-based solutions” is a term for all solutions that use the natural world to mitigate the effects of climate change. It sounds rural, but the phrase covers multiple possibilities, from tree planting to soak up carbon emissions
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British Reporter– Small and medium-sized enterprises (SMEs) in Egypt will benefit from a US$ 100 million loan by the European Bank for Reconstruction and Development (EBRD) to the National Bank of Egypt (NBE) to support energy efficiency, climate change mitigation and the
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The FINANCIAL — Energy leaders responding to a survey conducted by the EBRD and summarised in a Covid-19 policy note investigating how the sector will deal with the 5 per cent fall in energy demand worldwide brought by Covid-19 in 2020, have
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British Reporter– The European Bank for Reconstruction and Development (EBRD) has successfully participated in the first green Eurobond issuance by the Greek industrial and energy group Mytilineos SA with an investment of €60 million of the total €500 million offering.
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