EBRD, EU finance better Infrastructure in Western Balkans sarajevotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sarajevotimes.com Daily Mail and Mail on Sunday newspapers.
EBRD, EU and bilateral donors finance better infrastructure in Western Balkans
€77.6 million in WBIF approved to improve key infrastructure projects in Western Balkans
EU supports strategic road sections in Albania and Kosovo, bilateral donor water projects in Bosnia and Herzegovina and Kosovo
Investments to build better connected, more integrated economies across the region The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and bilateral donors are stepping up their support for vital infrastructure improvements in the Western Balkans. Donors are pooling their resources through the Western Balkans Investment Framework (WBIF) and approved €77.6 million in investment grants and technical cooperation for projects supported by a further €204 million in EBRD finance.
The Climate Support Facility worldbank.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldbank.org Daily Mail and Mail on Sunday newspapers.
World Bank Group Announcements to Support Countries Take Climate Action
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WASHINGTON, Dec 10, 2020 - The World Bank Group today made several announcements in line with its ongoing support to help developing countries address climate change and adapt to its mounting impacts. These include:
Germany, the UK, and Austria are the first donors to a Green Recovery Initiative, which aims to help countries build a low-carbon, climate-resilient recovery from COVID-19. Funding will be provided through a new flagship World Bank trust fund, the Climate Support Facility which was launched today with an initial investment of $52 million from the German Federal Ministry of Economic Cooperation and Development, the UK s Foreign, Commonwealth and Development Office, and the Austrian Federal Ministry of Finance.