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G7 financial institutions team up for sustainable food systems
G7 Public Development Banks (PDBs) and Development Financial Institutions (DFIs) are joining forces to enhance food security and sustainable agriculture in emerging markets. Through a new coordination mechanism set up by Italy’s Cassa Depositi e Prestiti (CDP), the Group of Seven PDBs and DFIs are teaming up in the “Collaborative on Sustainable Food Systems”.
EIB Investment Survey 2024: More than 60% of European companies have invested in climate mitigation and adaptation and more than 70% in their digital transformation
Companies in the European Union weathered relatively well the health, price and trade shocks of the last four years and have increased their ambitions for green and digital transformation, according to a survey by the European Investment Bank (EIB)
Finland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials
The European Investment Bank (EIB) is lending €150 million to Keliber Oy, a Finnish mining and battery-material processing company, to help the EU meet growing demand for lithium in the electrification of transport. The EIB credit to Keliber, subsidiary of the diversified mining and metals processing Group Sibanye-Stillwater, with Finnish Minerals Group (FMG) as a minority shareholder, is part of a €500 million financing package to establish mining and processing facilities in the Kaustinen area in Finland, which is among Europe’s largest lithium reserves.