EBRD

EBRD AgVenture alert 📣: our agrifood-tech start-up competition is launching again for 2024 and we want to hear from you if you’re focused on green solutions to improve the food value chain, from farming, processing and packaging, to trading, and logistics. Awards package includes: - Up to €90,000 of grants, mentoring and consulting advisory support - Pitching in London at the World Agri-Tech Innovation Summit - Links to EBRD and partner networks - Exposure to funding opportunities Applications close 19 August 2024. Apply here: https://lnkd.in/dFUMVRqC Supported by Spain through the EBRD's High-Impact Partnership on Climate Action - HIPCA (also supported by Austria, Canada, Finland, the Netherlands, South Korea, Switzerland, the TaiwanICDF, the United Kingdom and the United States of America).

Lviv, the largest municipality in Western Ukraine, is not just known for its beauty and cultural scene; it's also a proud member of the #EBRDGreenCities family! From waste management to public transport, join Jonathan Wells as he explores how this vibrant city is investing in a sustainable future, prioritising green initiatives despite all challenges. Supported by Czechia, Denmark, the European Union, the E5P Fund, Nefco - the Nordic Green Bank, and Sweden.

In the next instalment of our People of the Bank video series, we meet Michelle Lawrence. It’s not just her day job in the Donor Partnerships team which requires some heavy lifting… Michelle is also a two-time natural bodybuilding world champion! Watch the video to find out how she balances training with her career and family. This is Michelle's story.

Join us as we tackle a critical environmental challenge. Our latest video reveals the urgent steps we’re taking to remediate a former uranium mining site in Kyrgyzstan. A recent inspection exposed a fragile dam, holding nearly one million tonnes of radioactive waste, at imminent risk of collapse, which threatens regional water supplies. Thanks to the Environmental Remediation Account for Central Asia (ERA), and the generous support from the European Union, along with contributions from Belgium, Lithuania, Norway, Spain, Switzerland, and the USA, this essential work is underway. Together, we’re addressing the dangerous legacy of Soviet-era uranium mining and protecting our environment for future generations.

We’re committing up to €25 million to V4C Poland Plus Fund II, a new fund raised by Value4Capital. The fund will invest in lower-middle-market companies, predominantly in Poland, but also in other countries in central and eastern Europe. It will focus on service-oriented firms such as those focusing on software, healthcare, and the digitalisation of business services. The fund is also committing to sustainable finance, with its strategy entailing to allocate a portion of investments to companies with a positive impact on natural environment and climate. By backing a strong regional fund manager such as V4C, we are supporting the growth of the private-equity ecosystem in Poland and the broader CEE region. This is crucial to making the region’s enterprises more competitive and innovative. https://lnkd.in/d2VtQcDe

We’re lending up to €3.5 million to Komercijalna Banka AD to boost energy-efficiency investments in homes. This green initiative, supported by the European Union and Japan, aims to cut CO2 emissions and enhance quality of life by funding upgrades like insulation, solar panels and more. We’ve been successfully cooperating with Komercijalna for over 20 years, and together, we’re creating a greener and brighter future for North Macedonia.

İstanbul joined our #EBRDGreenCities family in 2021, becoming one of the largest cities in the programme. Join us on a walk across Türkiye's biggest economic hub, home to 19% of its population. With support from #EBRDdonors: TaiwanBusiness - EBRD TC Fund.

Excited to see the delivery of new batch of machinery for Tbilisi. We’re pleased to play part in upgrading municipal services in the city while supporting environmental improvements. The new vehicles will significantly cut emissions, air pollution, and reduce the city’s road safety risks. #EBRDGreenCities

We're providing a €28 million loan to CGES - Crnogorski elektroprenosni sistem AD. The project is one of the largest the EBRD has signed in the country so far this year, and it is highly significant; it will not only secure a safe and reliable electricity supply, reducing transmission losses but it will also integrate 400 MW of renewable energy into the national grid, thus helping the country to decarbonize its economy. Signed by Remon Zakaria, Ivan Asanovic and Novica Vuković.   Together w/ the European Union as part of the Western Balkans Investment Framework.

Proud to modernise Romania’s electricity networks! We’re lending the equivalent of €100 million in Romanian lei to distribution subsidiaries of Public Power Corporation SA, operating in South-Eastern and Western Romania. This is part of a €200 million syndicated loan alongside three local lenders (ING Bank, Banca Comerciala Română (BCR), and Banca Transilvania) to modernise and digitalise the electricity distribution networks, enabling them to better absorb more renewable energy capacities. The upgrades will also enhance energy efficiency and reduce losses in the distribution grid, saving about 31,800 tonnes a year of carbon dioxide equivalent emissions. https://lnkd.in/ePN6TSC6