The International Finance Corporation (IFC), a subsidiary of the World Bank Group, is underwriting the entire issue of a green bond recently launched by Commercial International Bank (CIB), Egypt's largest private bank. This is the first green bond from the Egyptian private sector to support the country's transition to a greener economy.
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The European Parliament on Tuesday gave the green light to the 17.5-billion-euro Just Transition Fund (JTF), a facility that will address the social and economic impacts of the transition to climate neutrality.
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TALLINN - The European Commission proposed on Tuesday to set up 10 new European Partnerships between the European Union, member states and/or the industry, which aim to speed up the transition towards a green, climate neutral and digital Europe and make European industry more resilient and competitive.
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The European Commission has set a tough goal for 2018 of wrapping up legal negotiations on all 25 of the digital single market proposals that it announced since 2015. It will be an uphill battle: there are 13 files still open and fights are simmering over several contentious issues.
Continue reading "EU scrambles to finish digital single market in 2018" »
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