EIB and China Exim agree €300m climate projects loan

In:

Renewable energy

Region:

Asia-Pacific

The European Investment Bank will provide a €300 million framework loan in new climate finance partnership with the Export-Import Bank of China. The initiative is expected to draw in other financiers to finance up to €1 billion of climate-relevant investments.

The programme will back new renewable energy, energy efficiency, water and sustainable transport investment in Beijing, Tianjin and Hebei Provinces.

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