EBRD supports modernisation of private bus operator in Azerbaijan

EBRD loan of up to €6 million (in Azeri manat equivalent) to Khaliq Faiqoglu LLC, a privately-owned passenger bus operator in the capital of Azerbaijan 35 new low-floor diesel buses will be procured Annual reduction of 2,853 tonnes of CO2 will be achieved The EBRD is improving public transport in the capital of Azerbaijan by supporting the acquisition […]

EBRD supports renewal of public transport in Ukraine

Senior EBRD loan of up to €13 million for up to 72 low-floor trolleybuses for Mariupol €2 million loan from Clean Technology Fund and €3 million grant from E5P Mariupol is the second-largest municipality in the Donetsk region in eastern Ukraine The EBRD is supporting the modernisation of public transport in Ukraine with a loan of up […]

World Bank Investments Help to Reconnect Central Asia

Dushanbe, June 27, 2018 – Residents of Sughd Oblast and other parts of Tajikistan will have greater access to foreign markets, while new trade and job opportunities will boost development of the private sector, thanks to major improvements to road sections in the Fergana Valley, which links Tajikistan to neighboring Uzbekistan and the Kyrgyz Republic. Several […]

Workshop forges direct links to country-led climate action

SONGDO, 01 JUN 2018 The Green Climate Fund has strengthened its country-driven approach to supporting global climate action with the conclusion today of the Empowering Direct Access workshop. During the past four days, almost a hundred participants from various corners of the planet have met at GCF HQ in Songdo, the Republic of Korea, to learn […]

EBRD and international donors improve solid waste management in Lviv

Financing of up to €35 million from the EBRD, E5P and CIFs for waste management in Lviv Rehabilitation of Hrybovychi landfill to become first project under National Solid Waste Management Strategy Ukraine joins the EBRD’s Green Cities Framework The western Ukrainian municipality of Lviv will receive a financing package of up to €35 million arranged by the EBRD […]

EBRD, GCECA publish recommendations on physical climate impacts in financial reporting

New report on physical climate risk provides recommendations for firms to integrate climate impacts into investment decisions Paper, published at EBRD and GCECA-organised conference, summarises guidance on emerging practices developed by working groups Leading financial institutions, corporations and regulators discuss steps to improve financial stability in the face of climate risk, in line with G20-initiated […]

GCF workshop strengthens direct access to climate finance

SONGDO, 29 MAY 2018 The second GCF Empowering Direct Access workshop opens today to help developing countries progress innovative climate action that makes a difference at the local and global levels. This is one of GCF’s most important events of the year, as it reflects the Fund’s country-driven focus on ensuring the climate projects it supports match local […]

Kyrgyz Republic to Scale-Up Disaster and Climate Change Resilience, with World Bank Support

WASHINGTON, May 25, 2018 – All citizens of the Kyrgyz Republic will potentially benefit from a Project that will ensure risk reduction investment in educational infrastructure, a stronger capacity to respond to disasters, and a better environment to scale-up the country’s mandatory disaster insurance program. The Enhancing Resilience in Kyrgyzstan Project was approved today by the World Bank’s […]