Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Thursday, 16 November 2017

EU Commission: First-ever investment from Luxembourg-EIB climate finance platform to support Green for Growth Fund in...

First-ever investment from Luxembourg-EIB climate finance platform to support Green for Growth Fund in the MENA Region

The recently launched Luxembourg-EIB Climate Finance Platform, a joint initiative between the EIB and the Government of Luxembourg, is investing EUR 5 million in C Shares of the Green for Growth Fund (GGF). This first investment of the platform was announced today by the EIB at COP 23, the 2017 UN Climate Change Conference. 

Read more

Slovenia: EIB provides first direct financing under EFSI and praises the country's renewed investment activity

The EIB is lending EUR 51m to Slovenia's motorway company DARS to finance the introduction of an electronic tolling system for vehicles above 3.5t using the country's motorway network. This is the EIB's first direct transaction in Slovenia under the European Fund for Strategic Investments (EFSI) as part of the Investment Plan for Europe (Juncker Plan) backed by the EU budget portfolio guarantee.  

Read more

EFSA taps into the crowd: data mining, geospatial mapping

EFSA taps into the crowd: data mining, geospatial mapping


Read more

Sweden: EIB supports SCA's energy efficiency and forestry investments

The EIB and Svenska Cellulosa Aktiebolaget (SCA) have signed a EUR 150m loan agreement. The EIB financing will support renewable energy and energy efficiency measures in a pulp mill in Timrå, Sweden, the regeneration and replanting of 68 000 ha of forest – almost three times the area of Stockholm – and the construction of 4 250 km of forest roads. The project is expected to create more than 650 new jobs in the rural economy around the mill and will enable SCA to increase its production in an environmentally sustainable way to meet the growing demand for renewable forest products.

Read more

Promoting Green Finance, Tackling Climate Change: EU Bank President joins Capital Market Leaders in Bonn

Today in Bonn, Werner Hoyer, President of the EIB – the world's largest financier of climate action – welcomed a new action plan designed to stimulate green finance to tackle global warming. Dr Hoyer was speaking at an event on the margins of the COP23 UN Climate Conference in Bonn. Convened by the United Nations' Sustainable Stock Exchanges (SSE) Initiative and hosted by the Luxembourg Green Exchange, the event featured the release of a new SSE action plan on how stock exchanges can grow green finance.

Read more