EIB Responds to IETA Letter on NER300 Monetisation

European Investment Bank Vice President Simon Brooks responded on Nov. 17 to a letter from the International Emissions Trading Association (IETA) requesting more information about the NER300 monetisation process. In the interest of transparency for all market operators, the text of his response has been published on the EIB's NER300 monetisation website.

15 April 2014

Low carbon energy projects to benefit from EUR 2 billion funding

Innovative renewable energy demonstration projects and carbon capture schemes across Europe will benefit from more than EUR 2 billion raised by sales of 300 million emission allowances. The European Investment Bank has successfully completed sales under the NER 300 programme, one of the largest funding programmes for carbon capture and storage demonstration projects and innovative renewable energy technologies and a total of EUR 548 million has been raised during the second phase of sales.

9 November 2010

EIB supports EU green technology initiative

The European Commission launched on 9 November a multi-billion euro initiative to support carbon capture and storage and innovative renewable energy technology demonstration projects within the European Union. The EIB will support implementation through appraising projects and by selling the emissions allowances from which the initiative gets its name: the NER300 programme (NER = new entrants reserve of the EU emissions trading system).

20 December 2024

EIB Group donates €300 000 to NGOs helping communities affected by flooding in Spain

The EIB Institute, the philanthropic and social impact arm of the European Investment Bank Group (EIB Group), has announced a donation of €300 000 to support communities affected by the flash flooding that devastated parts of Spain on 30 October and in the first few days of November. The donation will be channelled through the NGOs Save the Children Spain, SOS Children’s Villages and Casa Caridad.

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