Search Results for sustainable development
EBRD Helps Montenegro to Scale Up Investments in Renewables
Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector. The European Bank for Reconstruction and Development (EBRD) is helping the Ministry…
Five Cities Tackling Air Pollution
Air pollution has been called the most-pressing environmental health crisis of our time, responsible for an estimated 7 million premature deaths every year. Approximately nine in 10 people around the world breathe unclean air, which increases the risk of asthma,…
EBRD Loans USD 100 Million to Boost Renewables in Turkey
The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided by Turkiye Is Bankasi, Turkiye Sinai Kalkinma Bankasi…
Germany’s EUR 9 Transit Ticket Cuts 1.8 Million Tonnes of CO2
For three months, Germany has been offering ultracheap monthly tickets for all local trains, metros, trams and buses. The scheme was introduced in an effort to encourage the use of public transportation and ease the burden of inflation and high…
Support for Fossil Fuels Almost Doubled in 2021, Slowing Progress Toward International Climate Goals, According to New Analysis From OECD and IEA
Major economies sharply increased support for the production and consumption of coal, oil and natural gas, with many countries struggling to balance long standing pledges to phase out inefficient fossil fuel subsidies with efforts to protect households from surging energy…
EBRD Provides USD 127 Million Loan to Turkey’s Isbank
The European Bank for Reconstruction and Development (EBRD) is providing USD 127 million in new funding to Isbank for on-lending to women-led businesses and to facilitate Turkey’s transition to a green economy. The financing is being made available through the…
ABB and Hydrogen Optimized Expand Hydrogen Partnership, Including a Strategic Investment
ABB and Hydrogen Optimized Inc. (HOI), the Canadian technology innovator unlocking green hydrogen production at scale, have signed an agreement to expand the companies’ existing strategic relationship. This includes an investment by ABB into Key DH Technologies Inc. (KEY), the…