Green Financing in Central and Eastern Europe and Ukraine

Green financing is a key enabler of the transition towards a greener economy in Central and Eastern Europe (CEE) and Ukraine. The countries of CEE and Ukraine have a significantly higher energy and material intensity than the EU15 and therefore require significant investments in more sustainable resource use, eco-innovation and environmental infrastructure. Green financing is a precondition for a green economy — that is, an economy that results in greater territorial competitiveness and cohesion in the long term while preventing significant environmental risks and degradation.

The green financing portal

This portal makes available information on international best practices in the field of green financing, as well as country-specific information on financing resource efficiency in Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovenia, Slovakia and Ukraine.

It has been created in order to stimulate the exchange of information and best practices on green financing in CEE and Ukraine. It is aimed primarily at municipalities, companies, small and medium-sized enterprises, public institutions, authorities that design and implement environmental protection measures, and private financing institutions that support environmental initiatives.

The platform was developed by the Regional Environmental Center (REC) in the framework of the project “Improving access to green funding in CEE and Ukraine”, supported by the Netherlands Ministry of Infrastructure and the Environment. The goal of the project is to improve access to green funding, such as financing for eco-innovations and environmental infrastructure investments, by raising awareness, disseminating guidelines and examples of good practice, and providing forums for knowledge exchange. Publications developed by the REC within the project are available on this website.