The initiative aims to shut down 5,000MW of existing and inefficient gas-based power generation capacity and support 10,000MW of new renewables in Egypt
ReadThe financing will be received by a leasing company to invest in green projects
ReadOnce commissioned, it will generate 558GWh of green electricity and help reduce 265,000 tonnes of carbon emissions annually
ReadThe bank has agreed to assess green hydrogen production and storage in the North African country
ReadThroughout the last decade, MDBs have jointly given $257bn of climate finance to accelerate global decarbonisation
ReadThey will work together on the development of renewable energy and the carbon market, the enhancement of the electrical grid and the decommissioning of old thermal capacity, among other things
ReadTwo programmes worth €220 million will offer sub-loans to businesses for green investments in energy, water and resource-efficient solutions
ReadCorporates can navigate through a range of offerings to find solutions to improve energy efficiency and increase their use of renewable energy
ReadThe funding will support the refurbishment of 40 buildings in the capital of Bosnia and Herzegovina
ReadThe bank says an updated climate plan would further its climate and environmental finance and support a ‘green, low carbon and resilient future’
ReadThe €2.8bn LG Chem facility in Wrocław is expected to have a total production capacity of around 65GWh to 70GWh a year by 2022
ReadThey will cover investments in technologies such as thermal insulation, solar panels, geothermal heat pumps and water-efficient irrigation systems
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