New calls to cities and investors to deliver sustainable finance growth

Two Calls to Action to step up efforts to close the urban green investment gap by mobilising up to US$ 6 billion from public and private investors – making public funds go further and greener Today, in the context of the European Union’s High Level Conference on Sustainable Finance, and three months after the One Planet […]

EBRD Board Directors to visit Uzbekistan

A delegation from the EBRD’s Board of Directors will visit Uzbekistan from 19 to 23 March 2018. The visit, which is part of preparations for the Bank’s medium-term strategy for the country, will help the Directors to assess reforms taking place in Central Asia’s most populated country. The Directors will meet with the Uzbek authorities as well […]

Clean and accessible water for all in Khujand

With international donors, we’ve modernised water and wastewater services. Tajikistan, a mountainous, landlocked country in Central Asia, is blessed by nature and awe-inspiring views. But since it gained independence in 1991, it has yet to enjoy sustainable growth. Across the country such basic urban services as sanitation, water and public transport have often been neglected […]

EU supports training in Belarus to help strengthen its water resources management

Between 12 and16 March, experts from the European Environment Agency are in Belarus to hold a 5-day training session to help build the country’s capacity for developing water accounts and indicators to assess quantity and quality of water resources. According to the EU’s press release, such an assessment can support policymaking and underpin the implementation […]

EBRD approves new five-year strategy for Serbia

Reform of state-run companies tops list of priorities The EBRD’s Board of Directors has approved a new strategy for Serbia which will guide the Bank’s investments and policy work in the country for the next five years. The 2018-23 strategy sets out the following priorities: foster competitiveness and governance by boosting private companies and reforming state-owned enterprises and public utilities […]

EBRD, EU & CTF support green power generation in Ukraine

KNESS Group to open three solar plants with total capacity of 33.9 MW The EBRD is contributing to Ukraine’s energy security by pledging new funds for the development of alternative power generation. The latest project under the Ukraine Sustainable Energy Lending Facility (USELF) will support the development, construction and operation of three solar plants in the […]

GCF Board approves over USD 1 billion in funding for climate mitigation and adaptation

SONGDO, 01 MAR 2018 The first Green Climate Fund (GCF) Board meeting of 2018 concluded today after approving 23 projects, valued together at USD 1,093.5 million of GCF funding. The new approvals bring the GCF portfolio to a total of 76 projects and programmes, amounting to USD 3,730.2 million in GCF funding to assist developing countries […]

EBRD and partners boost transport connections in Western Balkans

Improving strategic transport links key to economic integration and growth  The Western Balkans Investment Summit brought together at EBRD Headquarters high-level government officials, including all six Prime Ministers, and private sector participants to discuss opportunities and challenges across the region. Regional transport connectivity featured high among the topics discussed to boost economic growth. It was also the […]

EBRD and Montenegro join forces to improve investment climate

Memorandum of Understanding paves way for enhanced economic competitiveness The EBRD and the government of Montenegro are joining forces to foster the development of the private sector, strengthen the investment climate and promote good governance. Under a Memorandum of Understanding signed by Montenegro’s Prime Minister Duško Marković and EBRD President Suma Chakrabarti today in London, the two […]

EBRD boosts Montenegro’s main port

€20 million loan to modernise privately owned Port of Adria The EBRD is providing a loan of €20 million to support the development of Port of Bar, Montenegro’s main sea port. A major commercial gateway in the country, the port is a key transport link between Montenegro and the rest of the Balkan Peninsula. It handles […]