EU funding

The EIB funding will be used to boost Resato Hydrogen Technology’s production capacity to 1,000 hydrogen refuelling stations by 2030, according to the firm.

The European Investment Bank has provided €55m in EU guarantee-backed funds under the Ukraine Recovery Programme to reconstruct critical social infrastructure in 2025 and beyond.

State-owned COFIDES has recently announced investments from two of its funds, the €400m Social Impact Fund, and the €2bn Co-investment Fund. Both funds are backed by financing from the post-COVID EU’s Recovery and Resilience Facility.

The new fund will invest in around 20 early stage companies within climate tech, including in the blue economy, in the European Union and the Nordics.

The banking group is providing loans to Finnish companies making  green and sustainable investments, with support from European Investment Fund guarantees.

The investment is in Sistafund, a French venture capital fund backing early-stage tech companies led by women and where women hold at least 30% of the founder shares.

The agreement was signed at COP16 with the aim of building resilience by developing nature-based solutions to face the twin crises of climate change and biodiversity loss.

The Dutch firm’s second fund focuses on investments in early-stage digital and sustainability ventures in north-western Europe.

The Norwegian private equity firm’s climate impact fund has received backing from a broad range of investors, and will focus on innovative technologies that improve the efficiency and sustainability of value chains, it says.

The Blue Revolution Fund, which aims to support the restoration of the marine ecosystem, has exceeded its initial €75m target, and aims to foster more sustainable practices in the commercial production of seafood.