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EBRD

EBRD has closed its offices in Moscow and Minsk

1 min read

The European Bank for Reconstruction and Development (EBRD) has announced that it is in the process of closing its Resident Offices in Moscow and Minsk. The EBRD has strongly condemned the war on Ukraine and the decision to close the offices in Moscow and Minsk is the inevitable outcome of the actions taken by the Russian Federation with the help of Belarus. We continue to offer our unwavering support to Ukraine and have already agreed an initial €2 billion package for Ukraine and other countries which have been affected by the war.…

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Moscow dirty streets

EBRD has closed its offices in Moscow and Minsk

1 min read

The European Bank for Reconstruction and Development (EBRD) has announced that it is in the process of closing its Resident Offices in Moscow and Minsk. The EBRD has strongly condemned the war on Ukraine and the decision to close the offices in Moscow and Minsk is the inevitable outcome of the actions taken by the Russian…

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UNWTO Invites Applications for Best Tourism Villages 2022

5 mins read

The Best Tourism Villages by UNWTO initiative will return for a second year as it establishes itself as the world’s leading network focused on tourism for rural development. Launched in 2021, Best Tourism Villages by UNWTO promotes and enhances the role of tourism in safeguarding rural villages, along with their landscapes, natural and cultural diversity,…

EBRD and partners explore digitalisation in green trade finance

6 mins read

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for the digital transition of trade finance by facilitating test transactions between QNB ALAHLI, Banca Comercială Română and UniCredit on the we.trade digital trade platform. The tests will take place through we.trade’s Preview Offering Program, with a special focus on green trade…

EBRD adopts new country strategy for Montenegro

2 mins read

The European Bank for Reconstruction and Development (EBRD) has adopted a new country strategy for Montenegro for the period 2021-2026 with three priorities:…

Vital role for private sector in financing climate resilience

5 mins read

The FINANCIAL — The warning could hardly have been starker: “Climate change is widespread, rapid, and intensifying, and some trends are now irreversible”, the Intergovernmental Panel on Climate Change (IPCC) said in its latest report published in August. It was a stark reminder that action is not only inevitable, but also urgent.…

Crane lifting up container in a port.

Turkish Exporters Could Face Steep Extra Costs Under New EU Carbon Rules

5 mins read

Turkish exporters of energy-intensive products such as cement, steel and aluminium could face steep additional costs when legislative proposals tabled by the European Commission (EC) under the European Green New Deal come into effect.…

EBRD Lends Izmir €125 Million to Build New Metro Line

3 mins read

A new metro line in Izmir, Turkey’s third-largest city, will provide safer, more reliable and greener transport for about 500,000 residents in the urban district of Buca. The European Bank for Reconstruction and Development (EBRD) is supporting the first phase of construction with a €125 million loan.…

EBRD and EU support women entrepreneurs in Morocco

5 mins read

BEO events and communications agency benefits from the Women in Business programme. According to EBRD, Amina Moumny used to work for one of the most prestigious international hotels in Morocco’s cosmopolitan Casablanca. She loved her job as director of banqueting and seminars – meeting clients from various backgrounds, organising large events and ensuring that all guests…

Whole-life carbon roadmap for Poland

4 mins read

The FINANCIAL -- Buildings play a crucial role in Poland’s effort to meet the 2050 net-zero emissions goal, says a new study published today by the Polish Green Building Council (PLGBC) in cooperation with the European Bank for Reconstruction and Development (EBRD).…

With EBRD financing, Poland builds first recycling plant for car batteries

3 mins read

The FINANCIAL -- With the help of a loan of up to €25 million from the European Bank for Reconstruction and Development (EBRD), Poland will become the site of the first facility in the European Union (EU) for recycling both car batteries and other waste containing metals, in response to the rapid rise of electric vehicles.…

How to value and preserve water

9 mins read

The FINANCIAL -- Thinking big to protect the world’s biggest natural capital asset. Water, the source of life - celebrated today on World Water Day – is under pressure from climate change. With some regions becoming drier and others ever more exposed to flooding, the need to find and share new ways to husband this vital…

How women-led businesses across EBRD’s regions are thriving against the odds

11 mins read

The FINANCIAL -- The EBRD believes that equality of opportunity is a fundamental component of sustainable economic growth. That is why, in the week of International Women’s Day, the Bank is joining the global call to accelerate gender parity.…

Breaking the glass ceiling at EBRD

9 mins read

The FINANCAIL -- It is a long march to the top. It took more than a century for women’s suffrage to be widely achieved, but economic equality remains a distant prospect. The International Labour Organization (ILO) estimated in 2019 that women around the world, on average, continue to be paid about 20 per cent less…

EBRD-financed new metro cars to help link residential district of Kyiv with centre

3 mins read

The FINANCIAL -- A new €50 million loan by the European Bank for Reconstruction and Development (EBRD) for the Ukrainian capital Kyiv will encourage more people to use modern, efficient and environmentally friendly public transport.…

EBRD supports Montenegro’s first one-stop-shop for home renovation

4 mins read

The FINANCIAL -- Business expertise helps Okov remove its barriers to growth. From hinges to home decor, Okov – Montenegro’s first major home retailer – boasts an incredible selection of home goods and tools that come in handy whenever repairs or renovations are in order according to EBRD.…

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