The European Investment Bank today published a report detailing the sale in December of EU carbon allowances under the NER300 initiative to raise funding for carbon capture and storage demonstration projects and innovative renewable energy technologies. EIB sold 12,000,000 EU allowances for a total value of EUR 97,849,000 (before deduction of expenses and market and EIB fees). All transactions were executed as OTC (“over the counter”) forward transactions, as previously anticipated. The December sales report can be found on the EIB’s NER300 website.
What to read next
9 March 2012
NER300 – EIB publishes February sales report
5 September 2025
Ukraine opens its first railway line with European track width standard, boosting the country’s integration with the European Union
Ukraine today opened its first railway line based on the EU standard for track width, deepening the country’s transport integration with the European Union. The 22 km line – funded by a European Investment Bank (EIB) loan and an EU grant under the Connecting Europe Facility – connects the city of Uzhhorod on the border with Slovakia to Chop in the south near the border with Hungary. The project is also one of the tangible results of the Ukraine Facility, the European Union’s €50 billion support instrument, showing how European guarantees and grants translate into real infrastructure on the ground.