Offshore wind: World Bank report shows a potential of 3-7GW installed by 2035 in the Black Sea
Romania can benefit, until 2035, from a minimum of 3 GW and a maximum of 7 GW of offshore wind…
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IFC
IFC has financed all systemic banks in Romania in the last three years
The International Finance Corporation (IFC) has financed all systemic banks in Romania with more than € 1 billion in the…
IFC appoints Ines Rocha as new regional director for Europe
IFC has appointed Ines Rocha as Regional Director for Europe. Based in Vienna, she will play a key role in…
World Bank’s IFC launched the consultation for Romania’s offshore wind roadmap
By 2036, Romania might have 3 GW in installed offshore wind capacity in the low growth scenario or 7 GW…
IEA: Green energy investment in emerging countries must triple by 2030
Investments in clean energy in developing countries and emerging economies should triple by 2030 to be in line with international…
IFC invests 100 mln. euro in BCR’s green bond issue
To help expand climate finance while strengthening Romania’s banking system and capital markets, IFC is investing 100 million euro in…
Sebastian Staicu: BCR supports the development of the ecosystem needed to transition to a sustainable economy
Sebastian Staicu – Sustainable Finance Coordinator, BCR The last year brought a lot of effervescence in the energy market and…
IFC invests USD 458 mln. in private sector and renewables development in Romania
Despite the economic challenges of the COVID-19 pandemic and the Russian invasion of Ukraine, IFC ramped up support for Romanian…
IFC and Garanti to expand financial services for greening homes in Romania
Households in Romania will gain increased access to financial services with an IFC investment that aims to help individuals reduce…
IFC’s green loan to boost market resilience of green commercial property in Romania
As the property sector in Romania recovers slowly from the COVID-19 pandemic, a new investment by IFC will help ensure…
IFC: First Blue funding supports sustainable use of water in Romania
The first blue financing loan in Central and Eastern Europe will increase funding for blue economy projects in Romania. The…
Cristian Nacu: 2021 was a record year for IFC in Romania
The year 2021 was a record one for IFC’s investments in Romania, out of the approximately 429 million dollars injected…
Cristian Nacu, IFC: We support initiatives enabling energy transition
Of the more than 1 billion dollars invested in Romania, IFC placed almost 56% in green investments, and last year…
Cristian Nacu, IFC: Our role is to finance sustainable development, green projects
Cristian Nacu, Senior Country Officer for Romania and the Republic of Moldova, International Finance Corporation – World Bank Group says…
Ana Maria Mihăescu: The degree of sustainability, dependent on the degree of education of employees
The sustainability within a company is directly proportional to the degree of education of the employees, says Ana Maria Mihăescu,…
IFC supports climate finance in Romania and Serbia
Bogdan Tudorache IFC has participated in a green bond that will enable the construction of green-certified industrial and logistics buildings…
IFC invests $72 mln. more in a Raiffeisen green bond issuance
IFC is investing RON 293.5 million (or approximately $72 million equivalent) in local currency-denominated senior non-preferred bonds, placed by Raiffeisen…
IFC invests $20 mln. in the first green bond issued in Romania
Bogdan Tudorache The first ever green bond to be issued by a financial institution in Romania will boost access to…
IFC appoints new regional manager for Central and Southeast Europe
The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Ary Naïm as its Regional Manager…
World Bank Group: 100 Countries Get Support in Response to COVID-19 (Coronavirus)
The World Bank Group announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to…
IFC Invests EUR 18.5 mln. in EFSE to boost lending to MSMEs in the ECA Region
IFC, a member of the World Bank Group, is investing €18.5 million in the European Fund for Southeast Europe SA,…
Garanti Bank Romania gets financing from IFC for renewable energy projects
Next week, IFC and Garanti Bank Romania will sign the first renewable energy loan agreement with a bank, supported by…