EBRD- Page 5

Vital role for private sector in financing climate resilience

September 7, 2021

WORLD

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 is not only inevitable, but also urgent.

Turkish Exporters Could Face Steep Extra Costs Under New EU Carbon Rules

Turkish exporters of energy-intensive products such as cement, steel and aluminium could

by British Reporter

August 2, 2021

2 mins read

EBRD Lends Izmir €125 Million to Build New Metro Line

A new metro line in Izmir, Turkey’s third-largest city, will provide safer,

by British Reporter

July 31, 2021

1 min read

New EBRD Forecast Sees Ukraine’s Economy Returning to Growth

Ukraine’s economy is set to return to growth in 2021, the European

by British Reporter

June 29, 2021

1 min read

Georgia

EBRD, EU/E5P provided Batumi with electric buses

The FINANCIAL — Eight electric buses financed by the European Bank for Reconstruction and Development (EBRD) and the multi-donor Eastern Europe Energy Efficiency and Environment Partnership (E5P) Fund, of which the European Union (EU) is the largest contributor, have arrived in Batumi, Georgia’s second-largest city. The

by The FINANCIAL

October 20, 2020

2 mins read

Coronavirus

Romanian robot – Victor kills coronavirus with UV light

The FINANCIAL — An autonomous robot called Victor, which kills pathogenic microorganisms including coronavirus using UV-C radiation, is fighting the coronavirus pandemic at a major hospital in Bucharest. More robots like Victor are on their way to local healthcare institutions, as the manufacturer, Modulab, is

by The FINANCIAL

October 19, 2020

2 mins read

Ukraine

Experts point out the need of legal framework for factoring business in Ukraine

The FINANCIAL — Factoring, a financial service based on the sale of accounts receivable, has the potential to boost the growth of smaller businesses in Ukraine as companies struggling with the impact of the Covid-19 pandemic seek finance, heard the participants in a webinar held jointly

by The FINANCIAL

October 19, 2020

2 mins read

Finance

International Finance Corporation supports SMEs in Turkey

The FINANCIAL — IFC is supporting the financing needs of small and medium enterprises (SMEs) in Turkey by partnering with Alternatif Bank to extend new trade-related or working capital loans to SMEs whose cashflows have been disrupted due to the COVID-19 pandemic.

by The FINANCIAL

October 19, 2020

1 min read

WORLD

EBRD and FAO approve $3 mln coronavirus technical support package

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the Food and Agriculture Organization of the United Nations (FAO) are stepping up their cooperation with a US$ 3 million advisory technical cooperation package to help the agrifood sector in the EBRD’s

by The FINANCIAL

October 16, 2020

2 mins read

BANKS

EBRD shareholders elected Odile Renaud-Basso as the Bank’s next president

The FINANCIAL — The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has elected Odile Renaud-Basso of France as the Bank’s next President. Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma Chakrabarti, who stepped down in July after serving two full

by The FINANCIAL

October 8, 2020

1 min read

Ukraine

EBRD and EU support solid waste management in Ukraine

The FINANCIAL — The EU and the European Bank for Reconstruction and Development (EBRD) have announced that they will support the western Ukrainian city of Khmelnytskyi and adjacent villages in modernising their local solid waste management. Around 300,000 residents will benefit from better

by The FINANCIAL

October 8, 2020

1 min read

BANKS

EBRD and EU boost tourism infrastructure in Albania

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are boosting the competiveness of the tourism sector in Albania.

by The FINANCIAL

October 8, 2020

1 min read

Georgia

Georgia to produce green hydrogen and manage e-waste

The FINANCIAL — Extended Producer Responsibility in managing electronic waste was discussed on September 21 at an online conference convened by the UNDP and the Government of Sweden in cooperation with the Ministry of Environmental Protection and Agriculture of Georgia. Representatives discussed

by The FINANCIAL

September 23, 2020

3 mins read

Georgia

EBRD’s €90 mln financial support to develop new transmission network in Georgia

The FINANCIAL — The European Bank for Reconstruction and Development, a leading institutional investor in Georgia allocated funds to develop new transmission network in Georgia. The project will be implemented by the JSC Georgian State Electrosystem. Energy Network Strengthening Project is very important for

by The FINANCIAL

July 30, 2020

2 mins read