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European Bank for Reconstruction and Development and EU agree €50 million financial guarantee to boost renewable energy in EU Neighbourhood
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European Bank for Reconstruction and Development and EU agree €50 million financial guarantee to boost renewable energy in EU Neighbourhood

23 January 2020
The European Bank for Reconstruction and Development (EBRD) and the European Union have agreed a new €50 million programme of financial guarantees aimed at scaling up investment in renewable energy in Ukraine and in the EU’s Southern Neighbourhood with a particular focus on Jordan, Lebanon and Tunisia. This is the first EBRD guarantee programme to receive funding through the EU External Investment Plan (EIP), an EU initiative launched in 2017…

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