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EBRD stops investing in upstream oil and gas to align with Paris goals

The European Bank for Reconstruction and Development (EBRD) will stop investing in upstream oil and gas projects as part of plans to align its activities with the goals of the Paris Agreement on climate change by the end of 2022, it said on Thursday.

read more... 02/07/2021

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EBRD and EU to offer financial guarantees for renewable energy

The European Bank for Reconstruction and Development (EBRD) has agreed on a new €50m programme of financial guarantees with the European Union (EU) to improve renewable energy development in the EU Neighbourhood regions.

read more... 24/01/2020

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EBRD extends €17m loan to Georgia for 175 electric buses

The EBRD is extending a €17 million (£14.5m) sovereign loan to Georgia in order to fund electric bus deployment.

read more... 02/12/2019

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EBRD extends renewable energy programme for Kazakhstan

The EBRD is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s Kazakhstan Renewables Framework of up to €300 million, the Bank reported.

read more... 16/09/2019

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EBRD Finances Private-to-Private Solar Project in Jordan

The European Bank for Reconstruction and Development together with its partners is supporting a pioneering energy project in Jordan with a financial package of up to $35 million. The project will enable the telecom operator Orange Jordan to cover part of its demand with clean energy generated in solar plants.

read more... 20/08/2019

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