Serbia’s 158MW Čibuk 1 wind farm will receive €215 million in syndicated loans from the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), as announced on Tuesday through a press release.
According to CDP, a global non-profit environmental disclosure platform, the number of companies that now factor an internal carbon price into their business plans has increased eight times since 2014 because they understand that carbon risk management is a business imperative.
The French banking giant, BNP Paribas, announced its new global financing policy stating that it will stop financing companies whose main activities are in the shale and tar sands oil industry, as part of its plan to accelerate its support of the energy transition and tackle climate change.
The Scottish Government announced on Tuesday the establishment of a new £18 million Circular Economy Investment Fund, to help future-proof the Scottish energy sector.
The Kazakh Energy Ministry reported that the Green Climate Fund (GCF) approved $110 million in funding for renewable energy projects in Kazakhstan, in partnership with the European Bank for Reconstruction and Development (EBRD).
A group of about 40 Catholic institutions will announce tomorrow a record divestment from fossil fuels.
Morocco is getting ready to launch a €200 million programme to spark investment in solar power projects in the agricultural sector by 2021.
The US Department of Energy announced on Wednesday that it would allocate new funding sources to develop solar desalination technologies that will enable the recovery of freshwater from otherwise unusable water resources, while reducing operational costs.
Global asset management company UBS recently published a white paper called ‘Business with impact’, suggesting corporations ways to incorporate sustainability targets to generate both financial and social returns.
The British multinational giant Johnson Matthey announced that it will make an initial investment of £200 million in 2018 in the wake of the anticipated rapid growth of the electric vehicle market in the years to come.
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13 March 2018
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