Global Infrastructure SherpaEBRD extends €30 million green loan to NLB Skopje
The European Bank for Reconstruction and Development (EBRD) has provided a €30 million green loan to NLB Skopje. This financing is extended under the WB GOLD framework, marking its inaugural use in North Macedonia. The loan is specifically aimed at boosting sustainable finance within the country by supporting small and medium-sized enterprises (SMEs) in their investments in green technologies. This initiative is designed to promote economic growth and deliver material environmental benefits across the region, underscoring EBRD's commitment to enhancing private-sector sustainability in North Macedonia.
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This financing is extended under the WB GOLD framework, marking its inaugural use in North Macedonia. The loan is specifically aimed at boosting sustainable finance within the country by supporting SMEs in their investments in green technologies. WB GOLD uses outcome-based incentives to motivate banks to grow their green loan portfolios. EBRD has invested more than €3 billion in over 200 projects in North Macedonia to date.
"The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €30 million to NLB Skopje through the Western Balkans Green Outcomes-Linked Debt Financing Framework (WB GOLD)."
"The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €30 million to NLB Skopje through the Western Balkans Green Outcomes-Linked Debt Financing Framework (WB GOLD)."
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