IFC's Green Vision for Romania: Major Investments Unveiled

During his first visit to Romania, Makhtar Diop, the general director of the International Finance Corporation (IFC), announced two significant agreements. Firstly, IFC partnered with BRD Groupe Societe Generale for a risk guarantee of up to 700 million euros, enabling BRD to grant loans of up to 315 million euros for climate-related initiatives and women-owned small businesses. Secondly, IFC granted Warehouses De Pauw NV (WDP) a "green" loan of approximately €300 million to expand its portfolio of green and energy-efficient assets in Romania. These initiatives aim to promote a green economy and sustainable economic growth in the country.

Source: Energynomics