Econostrum | Economic News in the Mediterranean



Find the current economic environment in the Mediterranean Climate, natural disasters, air, water, renewable energy, waste, land use, agriculture ... in Algeria, Spain, France, Italy, Morocco, Tunisia, Portugal, Egypt, Greece , Albania, Croatia, Turkey ...

114 million to support small farms - 11/24/2021 - Gérard Tur

The African Development Bank signed on Tuesday 23 November with the Kingdom of Morocco a loan of 114,03 M€ intended to finance a part of the Programme of Support for the Inclusive and Sustainable Development of Agricultural and Rural Areas (PADIDZAR).

Garanti BBVA Leasing to on-lend $25m of climate finance - 11/23/2021 - Eric Apim

TURKEY. The Turkish company Garanti BBVA Leasing is to benefit from a $25 million line of credit from the European Bank for Reconstruction and Development to help companies with their climate investments.

754 French farmers to receive €40.2m for environmental services - 11/16/2021 - Eric Apim

FRANCE. The Rhône Méditerranée Corse Water Agency is going to finance, for five years and to the tune of 40.2 M€, twenty-one territorial projects covering nearly 68,000 hectares of useful agricultural surface.

Airbus Helicopters completes world's first 100% biofuel helicopter flight - 11/10/2021 - Eric Apim

FRANCE. A partnership between Airbus Helicopters, Safran Helicopters Engines and TotalEnergies has resulted in the world's first flight of a helicopter powered solely by sustainable aviation fuel, near Marseille.

Italy and Spain overtake France on the world wine podium - 11/09/2021 - Eric Apim

WORLD. World wine production in 2021 is expected to be 4% lower than in 2020 with 250 million hectolitres. The top three producers, Italy, Spain and France, are particularly affected.

EU pledges €1bn to protect the world's forests - 11/03/2021 - Eric Apim

EUROPEAN UNION. European Commission President Ursula von der Leyen announces that the European Union will spend €1 billion over five years "to protect the world's forests.

41% of plastic packaging is recycled in the EU - 10/27/2021 - Eric Apim

EU. According to a Eurostat study, each inhabitant of the European Union generated 34.4 kg of plastic packaging waste in 2019, but recycled only 14.1 kg.

The Rhône Méditerranée Corse Water Agency releases 10 M€ for biodiversity projects - 10/26/2021 - Eric Apim

FRANCE. The Rhône Méditerranée Corse Water Agency is launching a new call for projects, with a budget of €10 million, to set up ecological corridors to promote the movement of species dependent on the quality of aquatic environments.

European Commission takes France and Italy to court over poor water quality - 06/10/2021 - Eric Apim

EU. France for its untreated wastewater in a hundred agglomerations and Italy for its unsafe drinking water in six areas of the country will have to explain themselves to the European Court of Justice.

Spain invests €1.55bn to convert to green hydrogen - 05/25/2021 - Eric Apim

SPAIN. Spain is to invest €1.55 billion to support the production of green hydrogen and make the country the main European industrial hub for the sector thanks to public-private partnerships.

Two floating wind projects to emerge in the Mediterranean - 05/20/2021 - Frédéric Dubessy

FRANCE. The Occitanie and Provence-Alpes-Côte d'Azur regions will host two floating wind farm projects of 250 MW each. A public debate will start in July 2021 to validate their opportunity, impacts, characteristics and define their locations.

French agrotech Jungle raises €42 million to expand its roots in Europe - 03/23/2021 - Frédéric Dubessy

FRANCE. Specialized in vertical farming, Jungle raises 42 M€ to support its commercial and industrial development in Europe and create the largest vertical farm in Europe.

Six international organizations launch a Mediterranean Consortium for the protection of biodiversity - 03/12/2021 - Eric Apim

MEDITERRANEAN. A memorandum of understanding was signed in Marseille by six international organizations for the creation of a Mediterranean Consortium for the protection of biodiversity.
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