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The European Investment Fund (EIF) has partnered with BNP Paribas Leasing Solutions to establish a €200m guarantee agreement aimed at facilitating the low-carbon transition for SMEs in France, Germany, Italy, and Spain. This initiative, supported by the European Commission’s InvestEU programme, seeks to enhance access to green asset financing for projects focused on climate change mitigation and sustainability. The collaboration represents EIF’s largest multi-country guarantee for energy transition leasing solutions, promoting innovation and competitiveness among European SMEs.
The EIF and BNP Paribas have launched a €200m initiative to enhance green financing for SMEs in Europe, supported by the EU’s InvestEU programme. This agreement aims to boost leasing options for sustainable mobility, green technology, and energy efficiency projects, addressing the urgent need for climate investment. EIB vice president Ambroise Fayolle emphasized the partnership's role in promoting innovation and sustainable economic development among underserved small businesses.
BNP Paribas has launched an IT refurbishment and remarketing centre in Yvelines, France, through its joint venture with 3stepIT, aimed at reducing electronic waste and promoting the circular economy. The facility plans to process up to 400,000 reprocessed IT equipment annually, with an initial target of 100,000 by year-end. It also offers a buyback service for decommissioned IT equipment, supporting responsible employment practices.
BNP Paribas has launched a new IT refurbishment centre in Buchelay, France, capable of processing 400,000 devices annually, addressing the growing e-waste crisis through circularity. This facility supports the bank's commitment to sustainable technology management and social responsibility by providing job opportunities for marginalized groups. The initiative aligns with the European Union's goals for promoting circular economies and responsible resource use.
BNP Paribas has launched a 3,500-square-metre technology refurbishment centre in Buchelay, France, aiming to tackle the growing e-waste problem by refurbishing and reselling IT devices. This facility, part of a joint venture with 3StepIT, will process up to 400,000 devices annually, promoting a circular economy and supporting sustainable IT practices. As demand for refurbished technology rises amid economic challenges, the centre also offers IT Asset Disposition services to responsibly recycle decommissioned equipment.
Neil Pein
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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