The Kingdom of Spain through the Agencia Española de Cooperación Internacional para el Desarrollo (AECID) has contributed up to EUR 100m to EIB for investment across the Southern Mediterranean region. The EIB will manage the funds on behalf of AECID and seek to invest these resources before the end of 2013 for risk capital activities to the private sector, in particular for the benefit of micro and SMEs. The objective is to make investments, directly or through private equity funds, throughout the region supporting job-creating projects and developing entrepreneurial culture. We would like to invite interested parties to submit eligible projects to the EIB.
New green financing model launched in Serbia
In partnership with Serbia’s Ministry of Environmental Protection and the European Investment Bank’s EIB Global arm, the United Nations Development Programme (UNDP) has launched a new green financing model under the EU for Green Agenda in Serbia initiative.