The EBRD is discussing with the Ministry of European Funds and the European Commission to create a new financial instrument to be implemented through banks, said Ștefania Racolța-Cruceru, Associate Director, ETECS at the European Bank for Reconstruction and Development (EBRD) at the conference “Digitalization and Energy Efficiency – Bucharest” organised by Energynomics together with the Italian Chamber of Commerce for Romania – CCIpR.

The new product will be available by the end of 2026.

Mr Racolța-Cruceru added that the EBRD has seen “very good results in recent years” in Romania in terms of investment in the green economy, with cumulative investments totalling €300-400 million. Most of these funds were accessed by private sector clients, but also by public sector clients.

She noted that the EBRD has a green energy product for clients in Romania, Bulgaria and Latvia that helps clients identify solutions to reduce their carbon emissions.

DOWNLOAD THE PRESENTATION OF ȘTEFANIA RACOLȚA-CRUCERU

The EBRD is currently active in 38 countries and is in a process of expansion, with a particular focus on African countries. To date, the EBRD has provided 58 billion euros in financing for sustainability and green economy projects.

The conference “Digitalization and Energy Efficiency – Bucharest” was organised by Energynomics together with the Italian Chamber of Commerce for Romania – CCIpR, with the support of our partners: Bonatti, Datacor, Elektra Renewable Support, Elvo, Enexus Renewable Energy, Generali, HBI Real Estate, Intesa Sanpaolo Bank, Keno Energy, Personnel Select, Polytrade Global, Prime Batteries Technology, Prysmian, Schneider Electric, SolarX Power, UniCredit Bank, VARD, WALDEVAR Energy, WEBUS 4 Energy.