NIB commits EUR 2bn to abating and adapting to climate change

13.05.2011

In three years, NIB has committed EUR 2 billion to projects aimed at promoting renewable energy, energy efficiency and other measures of abating and adapting to climate change.

The Bank’s Climate Change, Energy Efficiency and Renewable Energy lending facility, CLEERE, has been fully deployed. Launched in early 2008 with a framework of EUR 1 billion, CLEERE was extended by another EUR 1 billion two years later.

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