European Bank for Reconstruction and Development
How to Create Favorable Environment for Investment and Innovation?
More than 30 years ago, an international financial institution was established in the British capital, whose main goal was to support the transition from a centrally planned economy to an open market and democracy in the countries of Central and…
EBRD and EU to Support Transition to Solar Energy in North Macedonia
Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build a 30 MW photovoltaic (PV) project consisting of…
Investing in Digitalisation for Happier Customers and Employees
Buildings and homes are the largest energy consumers in Serbia but, at the same time, this also means that they have the highest energy-saving potential. Sunce Marinković, which specialises in producing and installing energy-efficient windows and doors, recognised this potential…
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…
Why Public Finance for Climate Matters
The Presidents of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), Odile Renaud-Basso and Werner Hoyer, appealed yesterday for urgent action on climate change, while comparing their complementary work on tackling it in their…
EBRD Will Help Kazakhstan Achieve Carbon Neutrality by 2060
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan have agreed to develop a long-term cooperation strategy to achieve carbon neutrality of the country’s power sector by 2060. The accord will further cement Kazakhstan’s status as a regional renewable…
Amman to Introduce New Bus Fleet Under EBRD Green Cities Programme
The population of Amman will benefit from the introduction of a new bus fleet in the Jordanian capital thanks to its participation in EBRD Green Cities, the Bank’s pioneering urban sustainability programme. In a first Jordanian project under the initiative,…