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The EBRD is increasingly active across the whole of Southeast Europe, which remains highly reliant on coal, to move it to cleaner energy sources
BAD PRESS
Central and Eastern European countries generally lag behind their counterparts in the West when it comes to climate action. The European Bank for Reconstruction and Development is trying to turn this situation around and kickstart the region’s clean energy transition
PROJECT SUPPORT
The EBRD offers financial and technical assistance across Southeast Europe, with nearly 50% of its total investment in the region going to green projects in 2019
KEY QUOTE
An important aspect of these projects is to make sure potential renewable energy solutions will not increase heating costs for citizens or spending on utility services by local governments ...
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Even if many cities are finding it a challenge to meet decarbonisation targets, they have made progress over the last decade and are becoming increasingly ambitious
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