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Nature-based Solutions for Climate Resilience Receive EUR 10 million boost
At the 2021 UN Climate Change Conference (COP26), the Federal Environment Ministry of Germany (BMU) announced it will provide an additional EUR 10m to the Global EbA Fund, a pioneering funding mechanism implemented by the International Union for Conservation of…
The 165 Million Euro European Investment in the Danube Region
In the next six years, it will be invested 165 million euro into The Danube region through the Danube transnational program (known as Interreg). The aim is to integrate this region better socially, economically, and territorially. On the occasion of…
Water Stress is a Major and Growing Concern in Europe
About 30 percent of Europe’s population is affected by water stress during an average year. The situation is expected to worsen as climate change is increasing the frequency, magnitude, and impact of droughts. A European Environment Agency (EEA) assessment, presents…
EBRD EUR 4 Million Loan to Partner Microfinance Institution in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) is supporting green investments in Bosnia and Herzegovina with a EUR 4 million loan to Partner Mikrokreditna Fondacija Tuzla (Partner) through the Bank’s Western Balkans Green Economy Financing Facility (WB GEFF II).…
CAN Europe: Reinforced Impetus to the EU Enlargement Process – a Crucial Element for the Climate and Energy Reforms in the Neighbourhood
The European Union released yesterday its annual enlargement country reports on the progress of the Western Balkan states on the road towards joining EU members. Focusing on climate change, the joint message for all countries is that progress is limited…
EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central, eastern and south-eastern Europe. The EBRD is investing…
Europe’s Nature Under Pressure — Challenges and Solutions
The European Environment Agency’s (EEA) work and other assessments have shown that European ecosystems are under serious threat. Centuries of exploitation have left their mark on Europe’s natural world and most protected habitats and species are not in good conservation…