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EBRD Supports Macedonian Residential Solar Projects (Int'l. Funding)
European Bank for Reconstruction and Development
Date: 2021-01-04
The European Bank for Reconstruction and Development (EBRD) reports it is committing €1 million in loan funding to Komercijalna Banka Skopje to support residential green investments in Macedomia. Komercijalna Banka Skopje the largest bank in North Macedonia and the fifth bank in the country to join the EBRD's Green Economy Financing Facility (GEFF).

The funds will be available for green investments in the country's residential sector. Findable green investments will include high-performance green technologies, materials and solutions undertaken in privately-owned residential dwellings or buildings. (Source: EBRD, PR Website, 30 Dec., 2020) Contact: EBRD, Green Economy Financing Facility, www.ebrdgeff.com

More Low-Carbon Energy News European Bank for Reconstruction and Development,  Solar,  


Warsaw Joins EBRD Green Cities Framework (Int'l. Report)
EBRD Green Cities Framework
Date: 2020-12-07
The Polish capital city of Warsaw last week announced it is joining the EBRD Green Cities Framework in cooperation with Taiwan and the European Bank for Reconstruction and Development (EBRD).

Partly sponsored by the TaiwanBusiness-EBRD Technical Cooperation Fund, the Green Cities Framework aims to achieve the carbon reduction targets set by the Paris Climate Agreement and attract foreign investment by strengthening environmental protection, reducing emissions and conserving energy. The EBRD regions are home to vibrant and diverse cities that span across central Europe to Central Asia, the Western Balkans and the southern and eastern Mediterranean region, according to the EBRD Green Cities website. (Source: City of Warsaw, Taiwan News, 5 Dec., 2020) Contact: EBRD Green Cities Framework, greencities@ebrd.com, www.ebrdgreencities.com

More Low-Carbon Energy News EBRD,  Green Cities,  Energy Management,  Energy Conservation,  Energy Efficiency,  


45 MW Jordanian Wind Farm Now Online (Int'l.)
Alcazar Energy, Hecate Energy
Date: 2020-11-23
In Jordan , Vestas was contracted to construct the project which included the installation of 13 V136-3.45 MW wind turbines and O&M services near the village of Al Shobak, Ma'an Governorate, Jordan. The wind farm is jointly financed by the European Bank for Reconstruction and Development (EBRD), the Islamic Corporation for the Development of the Private Sector (ICD) and the Europe Arab Bank.

With this project, Alcazar Energy now has seven operational wind and solar assets across the Middle East, Africa and Turkey region. Chicago-headquartered Hecate Energy is a renewables and storage developer focused on North America and other selected markets. (Source: Alcazar Energy, PR, reve, 23 Nov., 2020) Contact: Alcazar Energy, Daniel Calderon, CEO, +971 (0) 4 55 87 805, info@alcazarenergy.com, www.alcazarenergy.com; Hecate Energy LLC, Chris Bullinger, CEO, Solutions@HecateEnergy.com, www.hecateenergy.com

More Low-Carbon Energy News Vestas,  Alcazar Energy,  Hecate Energy,  


Reed Biomass Power Plant Planned in Kazakhstan (Int'l. Report)
Kazakh Invest
Date: 2020-09-02
A new investment project supported by In Kazakhstan, the national investment company Kazakh Invest reports it is supporting KAMYSAY ATYRAU LLP plans to construct a reed-burning biomass power plant and biochar production facility in Atyrau. The project will be "eco-friendly" and the biomass fuel will be processed without chemicals or other harmful additives.

The roughly €1 million project -- the first in Central Asia to replace fossil fuels with biofuels on an industrial scale -- "will meet the needs of the local market for 'green' thermal and electric energy in remote communities, greenhouses, schools, hospitals and industrial facilities presently using fossil fuels. As a result, the volume of CO2 emissions into the atmosphere will be significantly reduced." Additionally, the plant hopes to export over 200,000 tpy of biochar to European markets, according to a release.

Kazakh Invest is seeking project funding from the European Bank for Reconstruction and Development (EBRD), the World Bank (WB) and the Development Bank of Kazakhstan (DBK). (Source: Kazakh Invest, Website News, 30 Aug., 2020) Contact: Kazakh Invest, +7 7172 620 620 www.invest.gov.kz

More Low-Carbon Energy News Biomass,  Biofuel,  Biochar,  


Development Banks Commit $61Bn to Climate Finance in 2019 (Int'l.)
Climate Change
Date: 2020-08-24
According to the 2019 Joint Report on Multilateral Development Banks' Climate Finance , in 2019 seven of the world's largest multilateral development banks (MDBs) provided $61.6 billion in climate financing, out of which $41.5 billion was offered to low-income and medium-income economies.

Of the total, $46.6 billion was used for climate mitigation and the remaining $14.9 billion was used to help countries build resilience in tackling the impact of global warming.

The seven banks include: African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank Group (IDB Group), World Bank Group (WBG) and the Islamic Development Bank (IsDB).

Download the 2019 Joint Report on Multilateral Development Banks' Climate Finance report HERE. (Source: African Development Bank, Mercom India, Aug., 2020) Contact: African Development Bank, www.afdb.org

More Low-Carbon Energy News Climate Change,  


Gulf of Suez Wind Farm Confirms $50Mn EBRD Loan (Int'l. Report)
Red Sea Wind Energy
Date: 2020-08-14
In Cairo, Red Sea Wind Energy S.A.E. is confirming a $50 million (US) loan from the European Bank for Reconstruction and Development (EBRD) for the construction, commissioning, and operation of the proposed 500 MW Gulf of Suez II wind farm in Gulf of Suez, Egypt. The 173 wind turbine project is expected to break ground in Q4, this year.

Red Sea Wind Energy S.A.E is a joint venture company created this year by French energy giant ENGIE, and Japan-based Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, along with Egypt's Orascom Construction which will oversee the construction, commissioning and operation of the wind farm. (Source: Red Sea Wind Energy, Construction Review, Aug., 2020) Contact: Red Sea Wind Energy S.A.E., +20 12 00 00 28 76, www.rswe.co; European Bank for Reconstruction and Development, www.ebrd.com

More Low-Carbon Energy News Wind,  Egypt Wind,  EBRD,  


Sarajevo Scores EBRD Energy Efficiency Support (Int'l. Report)
European Bank for Reconstruction and Development
Date: 2020-07-31
The European Bank for Reconstruction and Development (EBRD) reports it is extending a €8 million loan to help the city of Sarajevo (pop. 360,000) increase city building energy efficiency. The funding is in addition to a €2 million EU grant for the refurbishment of 40 school and health buildings in the capital of Bosnia and Herzegovina.

The energy efficiency works are a priority project under the Green City Action Plan for the Sarajevo Canton. The expected energy savings are estimated to be around 13.7 GWh and would result in 4,774 tpy of CO2 savings. Energy efficiency measures will include the introduction of cleaner and more efficient heating, better insulation, better lighting and overall improvements.

The 43-member EBRD Green Cities initiative is designed to help cities articulate a sustainable development vision and their strategic objectives as well as define actions and investments necessary to address priority environmental issues. (Source: EBRD, New Europe, 30 July, 2020) Contact: European Bank for Reconstruction and Development, www.ebrd.com

More Low-Carbon Energy News European Bank for Reconstruction and Development,  EBRD,  Energy Efficiency ,  


Warsaw Joining EBRD Green Cities (Intl. Report)
EBRD,C40
Date: 2020-06-22
The Polish capital city of Warsaw (pop. 1.8 million) reports it is joining the European Bank for Reconstruction and Development's (EBRD) Green Cities urban sustainability program.

The €1.5 billion EBRD Green Cities program helps member cities tailor solutions to their individual environmental needs with a unique combination of measures designed to move towards a lower-carbon and more liveable future. On joining the program, cities undertake a trigger project with EBRD finance and craft their own Green City Action Plan (GCAP) setting out further actions.

Warsaw will receive the combined support of EBRD Green Cities and the climate leadership group C40 to develop a multi-decade investment plan and roadmap to achieve carbon neutrality while addressing its most immediate challenges in the short term.

Warsaw's GCAP is supported by donor funding from Poland and Taipei China, and the EBRD and C40 will work together to help deliver the final action plan. This will be the first such cooperation within EBRD Green Cities, a fast growing program that now has 43 participating cities. (Source: Warsaw Business Journal, EBRD, 20 June, 2020) Contact: European Bank for Reconstruction and Development, www.ebrd.com; C40 Cities, www.c40.org

More Low-Carbon Energy News EBRD Green Cities,  EBRD,  C40,  


MASDAR to Develop a 500 MW Uzbekistan Wind Project (Int'l. Report)
MASDAR
Date: 2020-06-15
In Abu Dhabi, the Abu Dhabi Future Energy Company (MASDAR) is an agreement with the Uzbekistan Ministry of Investments and Foreign to develop and operate a 500-MW wind farm project in the country's Navoi region. The project, which is being supported by the London-based European Bank for Reconstruction and Development (EBRD) and the Government of Japan, is expected to be commissioned and online in 2024.

The project is the MASDAR's second utility-scale renewable energy project in Uzbekistan, which is aiming to develop 5-GW of renewable energy by 2030. (Source: MASDAR, Mercon India, 13 June, 2020) Contact: MASDAR, +971 2 653 3333, www.masdar.ae; European Bank for Reconstruction and Development, www.ebrd.com

More Low-Carbon Energy News MASDAR,  Wind,  European Bank for Reconstruction and Development,  


Masdar, Infinity Solar Announce Joint Projects Agreement (Int'l.)
Masdar, Infinity Energy
Date: 2020-01-17
In the UAE, Abu Dhabi-based Masdar and Egyptian renewable energy developer Infinity Solar are reporting an agreement to jointly develop African renewable energy projects.

Infinity will develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa. Egypt's 2035 Integrated Sustainable Energy Strategy targets 20 pct of the electricity mix coming from renewables by 2022 and 42 pct by 2035.

Infinity Energy completed the development and construction of Egypt's first large-scale solar power plant in February 2018, followed by another three plants in Benban Solar Park, which is considered the largest solar park in the world to date. Infinity Energy now operates its six solar plants with a total capacity of 235MW.

The European Bank for Reconstruction and Development (EBRD) recently committed an investment in Infinity Energy of up to S$60 million in the form of capital increase in the company to finance the development, construction and operation of renewable energy projects and associated ancillary business including electricity distribution and electric vehicle charging stations in Egypt and across Southern and Eastern Mediterranean countries. (Source: Masdar, Infinity Energy, Arabian News, 16 Jan., 2020) Contact: Infinity Solar, Nayer Fouad, CEO,+20 2 25054345, info@infinitysolar.com, www.infinitysolar.com; Masdar, Mohamed Jameel Al Ramahi, CEO, Shaima Al Jarman, Marketing & Communications, +971 02 8109365, saljarman@masdar.ac.ae, www.masdar.ca.ae

More Low-Carbon Energy News Masdar ,  Infinity Energy,  Renewable Energy,  Wind,  Solar,  


EBRD Loans €45Mn for Moroccan Hybrid Solar Project (Int'l.)
European Bank for Reconstruction and Development
Date: 2019-12-11
In London, the European Bank for Reconstruction and Development (EBRD) is reporting it will loan €45Mn for the development of the Noor Midelt I hybrid solar project in central Morocco.

The Abu Dhabi Future Energy Company (Masdar), a member of the consortium developing the project, owns 30 pct of the project and guarantees the EBRD loan. Other consortium members include: EDF Renouvelables which holds 35 pct of the project and the Moroccan company Green of Africa with 10 pct; Moroccan Sustainable Energy Agency (Masen) owns the remaining 25 pct of the Noor Midelt I hybrid solar project. The Noor Midelt I power plant will combine PV solar energy and concentrated solar energy.

The project, which is expected to come in at €740 million, will be designed and constructed by Gijon, Spain-based TSK and is expected to be completed in 2022.(Source: EBRD, Afrik21, 9 Dec., 2019)Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News European Bank for Reconstruction and Development,  Solar,  


EBRD Supporting Increased Egyptian Renewable Energy (Int'l.)
European Bank for Reconstruction and Development
Date: 2019-12-02
The London, UK-headquartered European Bank for Reconstruction and Development (EBRD) reports it will lend $183 million to state-owned the Egyptian Electricity Transmission Company (EETC), a state-owned company for grid and network modernization, new sub-station construction to accommodate the injection of 1.3 GW of electricity produced from renewable sources.

The EBRD funded projects are expected to reduce CO2emissions by 77,000 tpy in Egypt. (Source: EBRD, Afrik21, 30 Nov., 2019) Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com; Egyptian Electricity Transmission Company, www.eehc.gov.eg

More Low-Carbon Energy News European Bank for Reconstruction and Development ,  


EBRD Confirms Kazakhstan Renewables Support (Int'l Report)
European Bank for Reconstruction and Development
Date: 2019-09-16
The London, UK-headquartered European Bank for Reconstruction and Development (EBRD) reports it has committed to support Kazakhstan's drive to promote renewable energy, with the help of a second phase of the Bank's Kazakhstan Renewables Framework of up to €300 million.

The first phase supported the creation of 262 MW of renewable power-generation capacity across the country, attracted four private international investors and supported a grid-strengthening project.

In addition to the EBRD funding, the Framework will be supported by concessional finance from the Green Climate Fund and benefit from a comprehensive technical cooperation programme, which will support competitive tendering for wind projects and the development of a carbon market in Kazakhstan. Kazakhstan's renewable energy target aims for 3 pct of power generation by 2020 and 50 pct by 2050.

To date, the EBRD has invested over €8.3 billion ($9.1 billion) through 262 projects in the economy of Kazakhstan. Over €2 billion of this funding has supported Green Economy Transition projects. The Bank is the largest international investor in the country's economy outside of the oil and gas sectors and has a wide presence in Kazakhstan. (Source: EBRD, kazinform, 15 Sept., 2019)Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News EBRD,  Renewable Energy,  


EBRD Financing Ukraine Dnepro-Bugsky Wind Farm (Int'l, Funding)
EBRD
Date: 2019-07-15
The European Bank for Reconstruction and Development (EBRD), under its Ukrainian Sustainable Energy Lending Facility III (USELF III), is confirming a €250 million facility to partially finance construction of the 110-MW Dnepro-Bugsky Wind Power Station LLC wind farm in Oleksandrivka, Ukraine.

Dnepro-Bugsky Wind Power Station LLC is owned by Akuo Energy SAS (France), Saffelberg Investment NV (Belgium) and Aeolus Invest NV (Belgium). The 25-turbine Dnepro-Bugsky project is expected to come in at €188.64 million. Nordex is supplying the turbines. (Source: EBRD, Interfax-Ukraine, 13 July, 2019) Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com; Dnepro-Bugsky Wind Power Station LLC, www.dbwes.com

More Low-Carbon Energy News EBRD,  Wind,  Ukraine Wind,  


GE Supplying Turbines to 220 MW Polish Wind Project (Int'l Report)
GE Renewable Energy ,EBRD
Date: 2019-07-12
GE Renewable Energy reports it will supply 81 onshore wind turbines along with a five-year service agreement to power the 220 MW Potegowo Wind Project in Northern Poland. This is the first project between GE Renewable Energy and Potegowo Mashav Sp Z OO. With a current installed base of 580 MW in Poland, GE Renewable Energy will increase its installed base to 800 MW in the country, once the project is commissioned.

The 81 turbines for the Polish project will be manufactured at GE Renewable Energy's facility in Salzbergen, Germany. GE will also provide a five-year Full Service Agreement (FSA) offering data-driven insights, expert recommendations, and advanced field services.

The Polish project, which is supported by the European Bank of Reconstruction and Development (EBRD), is expected to help save 480,000 tpy of carbon dioxide. (Source: GE Renewable Energy, PR, reve, 11 July, 2019) Contact: GE Renewable Energy , Peter Wells, Onshore Wind CEO for Europe and SSA, www.ge.com/renewableenergy; European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com; Potegowo Mashav, Mashav Energia, office@mashavenergia.com, www.mashavenergia.com

More Low-Carbon Energy News EBRD,  GE Renewable Energy,  Wind Turbine,  


EBRD, Norway Supported Montenegro Wind Farm Going Strong (Int'l)
EBRD
Date: 2019-05-06
In 2015, the European Bank for Reconstruction and Development (EBRD), supported by Norway, provided financing for the Balkan country of Montenegro's Krnovo Wind Farm -- the country's first utility-scale wind farm. Today, the wind farm represents 8 pct of the total installed power capacity and contributes to 5 pct of total electricity production in Montenegro as well as more than 180,000 tpy of CO₂ avoided emissions and an annual electric power supply for more than 100,000 households.

In Montenegro, the renewables sector is still ina its infancy, and a lack of administrative capacity is considered the key bottleneck to further promotion of green energy.

With the support of Norway, the EBRD has worked with Montenegrin authorities to design a more robust legal framework for supporting sustainable energy projects. This includes assistance with the level of feed-in-tariffs, drafting regulations for government support renewable energy, and the development of a bankable power purchase agreement for renewable energy projects. (Source: EBRD, The Financial, May, 2019)Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News EBRD,  Wind,  


EBRD Supports Albanian Green Energy, Floating Solar Projects (Intl)
ERBD
Date: 2019-03-18
The European Bank for Reconstruction and Development (EBRD) has provided a €9 million loan from its €85 million Western Balkans Green Economy Financing Facility (GEFF) to support investments in Albanian green energy, renewable energy and energy efficiency projects expected to cut over 21,000 tpy of CO2 emissions across the region.

ERBD also announced a 2-MW floating solar project being developed by Norwegian company Statkraft's Albanian subsidiary and floating solar technology developer Ocean Sun. The €2.3 million project will incorporate four units of 0.5 MW each. (Source: EBRD, The Balkanista, Mar., 2019) Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com; Ocean Sun, info@oceansun.no, https://oceansun.no

More Low-Carbon Energy News EBRD,  Statkraft,  Solar,  Floating Solar,  


Balkans Energy Efficiency Scores Additional EU Funding (Int'l) Report)
EU,Energy Efficiency
Date: 2019-02-25
In Brussels, the European Union (EU) reports it is providing an additional €30 million ($34 million) under the EU Regional Energy Efficiency Programme (REEP) to support energy efficiency initiatives and programs in the Balkans -- Albania, Bosnia and Herzegovina, North Macedonia, Kosovo, Montenegro and Serbia.

The additional support brings the EU's contribution to the programme to €80 million and it further leverages 6.5 times more of financing via International Financial Instruments. The fund will be extended through the Western Balkans Investment Framework (WBIF).

The 2013 REEP programme is a joint initiative of the EC, bilateral donors and beneficiary countries cooperating under the WBIF. The program , which promotes and supports energy efficiency efforts, was implemented by the European Bank for Reconstruction and Development (EBRD) in concert with the Energy Community Secretariat. (Source: EU, SeeNews, Twitter, 23 Feb., 2019)

More Low-Carbon Energy News Energy Efficiency Funding,  EU,  


Alcazar's 86.1MW Jordanian Wind Farm Now Online (Int'l Report)
Alcazar Energy,EBRD
Date: 2018-11-28
Further to our March 3o coverage, Alcazar Energy, an independent renewable energy producer is reporting the completion and start of commercial operation of the Al Rajef wind farm in Jordan.

The plant includes a substation and 41 Siemens Gamesa wind turbines with a total combined capacity of 86.1MW.

The $185 million project, which was financed by the European Bank for Reconstruction and Development (EBRD), Proparco and DEG, is in line with Jordan's renewable energy targets and could save more than 160,000 tonnes of CO2 and 380,000 cbm of water per year. Alcazar Energy will oversee and manage the wind farm operation and maintenance (O&M) through O&M contractors Elecnor/Siemens Gamesa. (Source: Alcazar Energy, ME Construction News, 26 Nov., 2018) Contact: Alcazar Energy, Daniel Calderon, CEO, +962 6 461 4005, www.alcazarenergy.com; European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News Alcazar Energy,  Wind,  EBRD,  


Lekela Seeking $81Mn for Egyptian Wind Project (Int'l Report)
European Bank for Reconstruction and Development,Lekela Power
Date: 2018-11-07
Amsterdam-headquartered renewable energy develkoper and producer Lekela Power reports it is seeking $81.4 million from the European Bank for Reconstruction and Development (EBRD) for the construction of a 250-megawatt, $400 million wind farm in Ras Ghareb, northeastern Egypt.

Lekela's Suez Gulf Wind Project -- the largest in the Middle East -- is part of a build-own-operate (BOO) system under which Lekela will develop, build, operate and own the plant for a period agreed with the Egyptian government.

The wind project's first phase was developed by Engie, in a consortium with Toyota Tsusho Corporation / Eurus Energy Holdings Corporation and Orascom Construction. The plant is scheduled to come on stream inQ4, 2019. (Source: Lekela Power , EBRD, Afrik21, 5 Nov., 2018) Contact: Lekela Power +31-20-241 7299, www.lekela.com

More Low-Carbon Energy News European Bank for Reconstruction and Development news,  EBRD news,  Wind news,  

More Low-Carbon Energy News European Bank for Reconstruction and Development,  EBRD,  Wind,  


EBRD Funding 28-MW Kazakhstan Solar Project (Int'l. Report)
European Bank for Reconstruction and Development
Date: 2018-10-22
The European Bank for Reconstruction and Development (EBRD) reports it will provide a $35-million loan for a 28-MW solar power plant in southern Kazakhstan. The project is being developed by Nomad Solar LLP, a joint special purpose company owned by French renewables developer Total Eren SA and UAE-based Access Infra Central Asia Ltd.

The project is the bank's sixth under the EBRD Kazakhstan Renewables Framework. When fully operational, the facility is expected to cut 47,800 tpy of carbon dioxide (CO2) emissions. (Source: European Bank for Reconstruction and Development, Various Media, Renewables, 19 Oct., 2018) Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News European Bank for Reconstruction and Development ,  Solar,  


EBRD Investing €80Mn in Ukrainian Bioenergy (Int'l. Report)
European Bank for Reconstruction and Development
Date: 2018-10-17
The European Bank for Reconstruction and Development (EBRD) reports it plans to invest €80 million in from 10 to 15 Ukrainian bioenergy projects focused on bioethanol, biogas and bio methane fuels production through 2019. The program will be jointly financed with the Global Environment Facility and the Clean Technology Fund.

Ukraine is reported to have significant untapped capacity in bioenergy production, but faces logistical challenges when it comes to taking advantage of biomass and getting full benefit from the energy potential in vast amounts of agricultural bi-product and waste.

The EBRD's combined operations and engagement in Ukraine, Belarus, Moldova, Armenia, Azerbaijan and Georgia is presently close to €24 billion, according to the bank (Source: EBRD, InterFax Ukraine, KYIV, 16 Oct., 2018) Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News European Bank for Reconstruction and Development,  EBRD,  Bioenergy,  


Increased Climate Finance Aids Caribbean Countries (Int'l)
IDB
Date: 2018-06-27
According to the Washington-based Inter-American Development Bank (IDB), a financing increase of more than 20 pct to a seven-year high of $35.2 billion from the previous year by the world's six largest multilateral development banks (MDBs) has boosted projects that help the Caribbean and other developing countries cut emissions and address climate risks.

The MDBs' latest joint report on climate financing said $27.9 billion -- 79 pct of the 2017 total -- was devoted to climate mitigation projects that aim to reduce harmful emissions and slow down global warming. The remaining 21 pct or $7.4 billion of financing for emerging and developing nations was invested in climate adaptation projects. In 2016, total MDB climate financing totaled US$27.4 billion.

The MDBs, which include the African Development Bank , the Asian Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank , the Inter-American Development Bank Group (IDB and IDB Invest) and the World Bank Group (World Bank, IFC and MIGA), account for the vast majority of multilateral development finance. (Source: IDB, Caribbean Life, 23 June, 2018) Contact: IDB, Juan Pablo Bonilla, Climate Change and Sustainability Sector Manager, Therese Turner-Jones, GM Caribbean Country Department, www.iadb.org

More Low-Carbon Energy News IDB,  Climate Change,  Climate Change Mitigation,  Climate Finance,  

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