Greece to invest $2.27 billion in resilience projects
Greece announced an investment of €2.1 billion to build protection from climate impacts after a series of devastating wildfires, including the creation of a wildfire detection and monitoring program called AEGIS. BNN Bloomberg
Germany’s RWE issues $2 billion green bond
The multinational energy company issued its first dollar-denominated green bond with proceeds aimed at investments in hydrogen, renewable energies, batteries and other green infrastructure projects. Recharge, Recharge News
U.S. grants $830 million to resiliency projects across the states
The Biden administration awarded $830 million in climate resilience grants to 80 projects across 37 states, for investment focused on hardening infrastructure, including flood control projects, bridge repairs, and stormwater upgrades. ABC news
Sumitomo Forestry and BTR JV in $790 million sustainable housing venture
Sumitomo Forestry and Cedar Pacific formed a $790 million joint venture to develop net carbon- neutral affordable housing constructed with timber technologies in Australia. Mingtiandi
BNP Paribas signs $548 million agreement with IFC on risk transfer
BNP Paribas Poland has agreed to a $548 million significant risk transfer transaction with the IFC to help the company finance renewable energy, water efficiency, and clean transportation projects in Poland. Environmental Finance
