Romania

More than eight out of ten Romanian respondents recognise the need to adapt their lifestyle due to the effects of climate change, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). Among the challenges facing Romania, respondents ranked climate change second only to the increased cost of living. Many believe that investing in adaptation now will prevent higher costs in the future.

The European Investment Bank (EIB) is lending Nokian Tyres €150 million for the construction in Romania of the world’s first plant for producing passenger car tyres without emitting carbon dioxide (CO2). The credit to Finland-based Nokian Tyres is for a state-of-the-art factory in the northwestern Romanian city of Oradea.

The European Investment Bank (EIB) is lending Belgium-based Warehouses De Pauw (WDP), which develops and leases logistics properties across Europe, €250 million to install rooftop solar panels and increase electric-vehicle charging stations for tenants. The loan is for up to 10 years and will be directed towards existing WDP logistics centres mainly in Belgium, the Netherlands and Romania.