Friday, 21 February 2025

Focus on European Investment Bank

FILE PHOTO: A view of the exterior of NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. REUTERS/Piroschka van de Wouw/File Photo
Electric Vehicles (EVs)FinanceNewsSemiconductor

Chipmaker NXP gets 1 billion euro loan from EIB for European projects

NXP secures €1B EIB loan for R&D in five EU countries, focusing on semiconductors, energy efficiency, and critical technologies.

The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/ File Photo
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Italy’s Erg secures 243-million-euro EIB loan for renewable energy projects

The loan will cover more than 50 per cent of the total cost of projects as it is linked to REPowerEU, the EU's...

Greek Prime Minister Kyriakos Mitsotakis hails the energy deal on the island of Naxos (POOL)
ClimateElectricityEmissionsNewsPoliticsSolarWind

Greece pushes green transition on its fragile islands

Greece has signed a clean energy deal with the EU to fast-track the green transition on its fragile, tourist-riddled islands.

AnalysisClimateClimate FinanceEmissionsEnvironmentPoliticsUnited Nations

Multilateral development bank climate finance: The good, bad and the urgent

MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
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Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

A silhouette of people sat in a large room looking at a blue-lit screen with 'COP29' on display.
AgricultureClimate FinanceInfrastructureNews

Finance and business deals announced at COP29 climate talks

The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.

Climate activists project a message onto the Embassy of Azerbaijan ahead of COP29 climate talks, in London, Britain, November 7, 2024. REUTERS/Chris J. Ratcliffe/File Photo
ClimateClimate FinanceEmissionsEnvironmentNewsPolitics

At COP29, development lenders set $120 billion climate finance goal for poorer countries

Global banks pledge $120B yearly climate aid by 2030, targeting low-income nations, boosting private sector investment.

FILE PHOTO: A wind turbine is seen at a wind farm in Guazhou, Gansu Province, China September 15, 2013. REUTERS/Carlos Barria
Climate FinanceEnvironmentNewsSustainable Aviation Fuel

ADB increases climate finance after US, Japan give world’s first sovereign guarantees

The Asian Development Bank to boost climate lending by $7.2B as the U.S. and Japan back loans with world first sovereign guarantees.

Belgium's energy island will host transformers and other high-voltage equipment (AFP)
AnalysisBusinessElectricityNatural GasNuclear PowerOffshore WindOilWind

World’s first green energy island sails into cost storm

Belgium's energy island project for offshore wind faces costs soaring to seven billion euros, sparking calls to halt amid political pushback.

A Vay remotely-driven vehicle is pictured, in Las Vegas, Nevada, U.S., in this undated photo obtained by Reuters on January 16, 2024. Vay/Handout via REUTERS/File Photo
BusinessElectric Vehicles (EVs)NewsPolitics

Germany’s Vay gets $37 million from EIB for remote-driven services in Europe

German startup Vay secures €34M from EIB to expand its remote-driving tech across Europe, targeting Hamburg or Belgium.

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