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Belarus to be included in EIB loans to combat climate change

The European Commission, reviewing the external lending mandate of the European Investment Bank (EIB) has determined to add Belarus, amongst other countries, to the bank's list of authorised clients, to combat climate change. The additional loan facilities amount to Euros 2 bn. Possible uses for such funds include restructuring of the energy sector in target countries so as to cut carbon emissions.

Concerned URL	http://www.reuters.com/article/idUSBRU01076820100421?type=marketsNews [open in new window]
Source of information	Reuters
Release date	21/04/2010
Contributor	David Conway
Geographical coverage	Belarus, EU