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GCAP methodology

Flagship EBRD Green Cities doubles in size

3 mins read

The FINANCIAL — Finance for the EBRD’s pioneering urban sustainability programme, EBRD Green Cities, is doubling in size with a further €950 million allocated to extend work over the next three years. Set up in 2016 with €250 million and expanded in 2018 by a further €700 million of EBRD funds, EBRD Green Cities has mobilised significant co-finance, including €87 million from the Green Climate Fund (GCF) for concessional funding, as well as technical cooperation from the GCF and several bilateral donors. With the new funding, more than €2 billion will be dedicated to supporting EBRD Green Cities. The successful programme has already…

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Flagship EBRD Green Cities doubles in size

3 mins read

The FINANCIAL — Finance for the EBRD’s pioneering urban sustainability programme, EBRD Green Cities, is doubling in size with a further €950 million allocated to extend work over the next three years. Set up in 2016 with €250 million and expanded in 2018 by a further €700 million of EBRD funds, EBRD Green Cities has mobilised…