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The European Investment Bank loans €300 million for climate-related investments in China

 Last Update: 2022-12-27
 Source: Internet
 Author: User

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The European Investment Bank (EIB) announced that it will provide a €300 million framework loan to enable €1 billion of climate-related investments
in China.

The European Investment Bank loans €300 million for climate-related investments in China

The loan will be used for a simplified loan program
managed by the Export-Import Bank of China.
The program, along with other investment sources, will provide long-term financing to support public and private sector projects
.

The loan will finance renewable energy projects, including wind farms and small-scale biomass power plants, sustainable transport and water infrastructure
.

Beneficiary projects will be identified in the coming months, prioritizing projects in the most polluted areas and the most effective programs
for mitigating climate change.

，

The European Investment Bank (EIB) announced that it will provide a €300 million framework loan to enable €1 billion of climate-related investments
in China.

loan

The European Investment Bank loans €300 million for climate-related investments in China

The loan will finance renewable energy projects, including wind farms and small-scale biomass power plants, sustainable transport and water infrastructure
.

Beneficiary projects will be identified in the coming months, prioritizing projects in the most polluted areas and the most effective programs
for mitigating climate change.

，

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