Finance | 26 July, 2024 at 9:00 AM
World Bank to boost green growth in Romania
The World Bank Group's Board of Executive Directors has approved a Development Policy Loan (DPL) for Romania, amounting to €599.1 million.
The World Bank Group's Board of Executive Directors has approved a Development Policy Loan (DPL) for Romania, amounting to €599.1 million.
EBRD and the World Bank Group have entered into a memorandum of understanding (MOU) to strengthen their collaboration and effectively address global challenges together.
IFC is providing a €35 million loan to Karsan.
The World Bank supports Bulgaria's efforts to secure clean energy resources. The bank will provide expert technical opinions based on the best global ideas and practices for managing Bulgaria's geothermal energy resources. The use of geothermal energy will provide new jobs and guarantee a smooth transition to green energy.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
