EIB approves EUR 2.2 bln for climate action projects in Europe
The European Investment Bank's board of directors last week approved EUR 2.2 billion (USD 2.6 billion) of new financing for clean energy, energy-efficient housing and climate action, EIB said in a statement on its website.
The financing will help grow wind and solar energy in Spain and Portugal, and back grid upgrades in Poland. The funds will also support energy efficiency improvements in Hungary and Finland.
The bank further greenlit targeted financing schemes to speed up investment in small-scale renewable energy and climate action projects in Austria, Poland, Latin America, and Africa. The EIB board also endorsed a proposal to create a development branch to bolster its impact outside the European Union.
MOL Shareholders Approve Dividend of Around HUF 250/Share
Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...
Hungary's Largest ESG Consultancy Formed by Merger of EY, De...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
