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).

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

We're excited to share the highlights of our sustainability event at our Annual Meeting in Yerevan. #ERBDam Discover key insights from our latest Sustainability Report and meet the inspiring clients with outstanding achievements who won our Sustainability Awards. Watch the full video here: https://lnkd.in/drk3Zv46

Take a guess!   We developed the #EBRDGreenCities programme, with the aim of building a better and more sustainable future for cities and their residents. Learn more: https://lnkd.in/duW-eV9

Our Board has approved a new five-year EBRD Country Strategy for Poland. We will work to: - accelerate the green transition - support Polish companies' competitiveness through innovation, digitalisation and good governance - strengthen resilience/economic integration.   Poland has become the 3rd largest country of operations for the Bank, as the impact of Russia’s war on Ukraine has significantly increased our additionality. In 2023, the EBRD invested a record €1.3 billion in 32 projects in Poland, all in the private sector and with a strong focus on green economy transition (75% GET share). https://lnkd.in/d8aS6ZmV

Our Odile Renaud-Basso met our International Professionals Programme hires yesterday at our HQ. Our IPP programme offers two years practical experience at the forefront of EBRD global projects. Find out more about the programme: https://lnkd.in/dsnuZHid W/ Namig Damirov Mert M. Alkanat Lucy Betts Sebastian Gómez-Calcerrada Fielden Ningkang (Theo) Huang Yagiz Karamustafaoglu Celine M. Kiril Perfiliev Euan Bose Rosling

Proud to promote equal opportunities and sustainable technology in Egypt! We're providing US $130 million loan to Coca-Cola HBC in Egypt to finance capex investment and working capital. Together with the Global Environment Facility, we’ll introduce the best technology for wastewater treatment in line with EU standards. With our support, Coca-Cola HBC will continue to invest in its training programme to help young people build skills & strengthen equal opportunities through dedicated measures. https://lnkd.in/dx-psJgr

Proud to contribute to the decarbonisation of aviation and fossil-fuel sectors in Kazakhstan and beyond! We’ve commissioned and completed a pre-feasibility study on the production and use of sustainable aviation fuel.    The aviation industry is one of the world’s high greenhouse gas-emitting and hard-to-decarbonize sectors. To help develop an effective approach to reducing these emissions and decarbonising the sector, the study reviewed the decarbonisation strategies of key stakeholders, analysed the global sustainable aviation fuel landscape, and examined its supply and demand as well as the availability of feedstock. The study also analysed the current ASTM-approved SAF production technologies for their suitability for the local market and developed recommendations on the next steps to enable SAF market development in Kazakhstan. The study was carried out by ICF, a global advisory and technology services provider, and funded by the government of Japan through the Japan-EBRD Cooperation Fund. It was co-financed by Kazakhstan’s flag carrier, Air Astana, and Kazakhstan’s leading vertically integrated state-owned oil and gas company, KazMunayGas, and supported by the Aviation Administration of Kazakhstan. The results of the study were presented at the 2nd Aviation Talks, themed 'Silk Road in the Sky – Kazakhstan Air Cargo Hub' on 21 June 2024 in Astana. The event was organised by Aviation Administration of Kazakhstan and The International Air Cargo Association TIACA.

Our Odile Renaud-Basso has concluded her visit to Serbia. During her visit, she met with government authorities, including Serbian President Aleksandar Vučić, Prime Minister Miloš Vučević, Minister of Mining and Energy Dubravka Djedovic Handanovic, Deputy Prime Minister Siniša Mali, and others. During her third visit to the country, Ms. Renaud-Basso signed a €30 million loan agreement with Serbia for renewable heat generation, a Grant Agreement with the Serbian Ministry of Mining and Energy Ministarstvo rudarstva i energetike, and a €72 million financing package with Banca Intesa Beograd among others. She also met with EBRD clients, the business community, start-ups, and civil society representatives to discuss our work in the region. Here are the highlights of her visit.