News

EBRD supports Turkmen tomato producer Agromar

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of the Turkmen tomato producer Agromar with a $2.5 million loan for the extension of the company’s production facilities.

EBRD pledges $40 million in support of Uzbekistan SMEs

The latest $40 million finance facility, extended to the country’s fourth largest lender, Ipoteka Bank, will also provide support to women-led businesses.

Georgia joins the race to produce green hydrogen

The Georgian government, realizing that water currently spilled during the summer months would be put to better use producing hydrogen, has asked the EBRD to explore the country’s potential for generating green hydrogen, which could then be blended and transported to end -users through existing gas pipelines.

EBRD and GCF boost climate financing for Mongolian enterprises

Smaller firms in Mongolia will benefit from new opportunities to make their businesses more energy efficient and productive, thanks to a $4 million loan provided by the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) to XacLeasing, one of the country’s largest financial leasing companies.

EBRD, GCF and CIFs $42.6 million for solar plant in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is organizing a new financing for the construction of a 76 MWp solar plant in the Karaganda region of Kazakhstan

EBRD and EU support green fruit farming in the Kyrgyz Republic

As the Kyrgyz Republic tackles the surging coronavirus pandemic, with new supply-chain risks to food security, local agribusinesses and farming entrepreneurs are playing a vital role.

EBRD and EU support green fruit farming in the Kyrgyz Republic

As the Kyrgyz Republic tackles the surging coronavirus pandemic, with new supply-chain risks to food security, local agribusinesses and farming entrepreneurs are playing a vital role.

EBRD welcomes adoption of key energy efficiency laws in Georgia

The Law on Energy Efficiency and the Law on Energy Performance of Buildings will enable Georgia to realize energy savings of 14% 2025, thereby helping the country to meet its international obligations in combating climate change, increase its energy security and strengthen its energy links with the EU.

EBRD ensures sustainable operations of KazTransGaz

The facility of up to €243.5 million will help KazTransGas address the company’s liquidity and working-capital needs caused by the economic impact of the coronavirus crisis, and will also secure the uninterrupted supply of natural gas to households across Kazakhstan.

EBRD and UNWTO boost tourism recovery

The European Bank for Reconstruction and Development (EBRD) and the United Nations World Tourism Organisation (UNWTO) are joining forces to boost the recovery of the tourism sector.