green economy
Geothermal Energy: The Future of Hungary’s Green Economy
For years, Hungary has ranked among the leading countries in Europe when it comes to the direct use of geothermal energy, with plans for significant expansion by 2030. Moreover, according to the National Concept for the Utilization of Geothermal Energy,…
EBRD and EU finance Serbian businesses via OTP Banka Serbia
The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent through the EBRD’s small and medium-sized enterprise (SME)…
RENEWABLE SOURCES KEY TO ENERGY SECURITY
Warm sea, pleasant climate and authentic architecture – this is perhaps the shortest description of one of the most popular tourist destinations on the European continent and the largest country on the Balkan Peninsula. However, apart from being a favorite…
SDGs & me: Responsible consumption and production
Consumption and production patterns have wide environmental and social impacts. The Sustainable Development Goal ‘Responsible consumption and production’ (SDG 12) calls for action on many fronts. These include the adoption of sustainable practices by businesses, promotion of sustainable procurement practices…
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…
Young People Call for Intergenerational Solidarity on the Climate Crisis
Young people bear a disproportionate burden of the environmental crises the world faces today, which will impact their future. Research shows that many young people feel frustrated and unheard, creating a sense of unfairness that has, in recent years, fueled…
EBRD Supports Small Businesses and Female Entrepreneurs in Kosovo
The European Bank for Reconstruction and Development (EBRD) is backing women entrepreneurs and small businesses in Kosovo with a new financing package to Agency for Finance in Kosovo (AFK), a microfinance institution. Some EUR 2 million of the loan package…