CaixaBank participates in the financing of six wind farms in Poland by EDP Renewables
Barcelona – WEBWIRE – Tuesday, January 18, 2022
Transaction is CaixaBanks largest sustainable project finance operation in Poland to date.
Reinforces the banks commitment to working closely with Polish businesses and support the countrys energy transition objectives through increased use of renewable energy.
CaixaBank has participated in the underwriting of a green loan facility for the long term financing of six wind farms by EDP Renewables, the worlds fourth largest renewable energy producer. The agreeement covers the financing of the development, construction and operation of six wind farms with an aggregate capacity of 149.4 MW. The commercial tranche of 655 million zlotys (PLN), equivalent to 144 million, is supported by the European Investment Bank, CaixaBank and Santander, with a partial guarantee by EKF (Denmarks Export Credit Agency).
The six wind farms are geographically dispersed across Poland, throughout the south-eastern, north-western and northern part of the country. More precisely, the Kozlowo and Krasin wind farms are located in the Warmian-Masurian province, the Lichnowy and Chojnice wind farms are in the Pomerania province, Piatkowo is in the Kujawsko-Pomorskie province and the Bogoria wind farm is in the Swietokrzyskie province.
EDP Renewables wind farms will benefit from the renewable energy support scheme based on auctions organized in 2018 and 2019 by the Polish State and they constitute one of the largest wind energy financing operations in the country to date.
CaixaBank in Poland
This green loan is the largest project financing deal for CaixaBank in Poland to date. Through this loan, CaixaBank further reinforces its commitment to both the Polish economy and businesses to help them deliver on the energy transition objectives as the country moves to increase its production of renewable energy, especially at a time of great rises in the price of fossil fuels.
CaixaBank has had a presence in Poland since 2007 when it opened a branch in Warsaw. From there, the company offers corporate and transactional banking services, such as guarantees, bilateral loans, short-term and long-term financing, factoring, confirming, and other services. The branch has both helped CaixaBank become a relevant participant in Polands corporate banking landscape.
CaixaBank, committed to sustainable financing
CaixaBank is among the financial institutions most committed to sustainability given that it has a Plan for Socially Responsible Banking that supports the UN Sustainable Development Goals.
Through its initiatives, the Bank supports environmentally friendly initiatives and projects that contribute to preventing and mitigating climate change and encourage the transition to a low-carbon economy and social development.
In 2021 the bank has mobilised 31.37 billion euros in sustainable financing, an increase of 150% compared to 2020.
In the area of sustainable loans, in 2021 CaixaBank has issued 105 loans for a total value of 11.59 billion. This figure represents an 131% increase compared to 2020, marking a new record for the bank.
CaixaBank ended 2021 as the sixth bank in sustainable financing in EMEA, according to Refinitiv, and is the highest ranked Spanish bank.
In the area of bonds, in 2021 CaixaBank has participated as a bookrunner in the issuance of 18 ESG bonds, for a total of 16.2 billion, excluding the banks own issuances.
The bank has further issued four own green and social bonds to support the UN Sustainable Development Goals, for a total value of 3.5 billion. These four bonds add to the three issued in 2019 and 2020, making CaixaBank the European bank with the largest volume of own ESG bonds in euros, with a total of seven issuances – four green and three social bonds for an aggregate value of 6 billion and £500 million.
CaixaBanks international presence
CaixaBank maintains an international presence through its International Banking network of representative branches and offices as well as cooperation agreements with international banks. In addition, it owns BPI in Portugal, the countrys fourth largest financial institution by assets.
CaixaBanks International Banking business offers corproate and investment banking services to its clients with operations abroad, as well as business banking services to large local corporates. It has a global team of over 150 professionals, 27 international service points and agreements with more than 1,760 correspondent banks.
The CIB/IB (Corporate & Institutional Banking / International Banking) network of CaixaBank is made up of branches in Germany, France, Morocco, Poland, Portugal, the United Kingdom, all of them, with the exception of Portugal, authorised by both the Spanish and local regulators to enable them to provide comprehensive financial services to meet the needs of businesses operating locally.
The institution also has 18 representative offices on all five continents: Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Singapore, Dubai (United Arab Emirates), New Delhi (India), Cairo (Egypt), Algiers (Algeria), Johannesburg (South Africa), New York (USA), Santiago de Chile (Chile), Bogotá (Colombia), Sao Paulo (Brazil), Lima (Peru), Sydney (Australia) and Toronto (Canada). It also has two Spanish Desk teams in Austrias Erste Bank (Vienna) and Mexicos Inbursa (Mexico City), to serve CaixaBanks business customers in these markets.
CaixaBanks International Banking network is the only AENOR-certified international banking network in Spain.
Hong Kong, China participates actively in APEC 2021 Economic Leaders’ Week (with photos)
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Hitachi, Ltd. (TSE:6501) is participating in the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, from October 31 to November 12, in the capacity of “Principal Partner.” Hitachi is offering presentations at Conference seminars, set up exhibits, and hold events both online and outside of the Conference venue. Hitachi is becoming a climate change innovator, helping governments, cities and companies cut their greenhouse gas emissions, as part of efforts to achieve a decarbonised society. Hitachi decided to take the role of Principal Partner at COP26 to demonstrate to the world its strong commitment to achieving this goal. The Group is accelerating activities aimed at achieving carbon neutrality at all Hitachi factories and offices worldwide by FY2030, and throughout the entire value chain by FY2050. By leveraging Hitachi’s green technologies and digital innovations, the Group will contribute to resolving issues in the field of climate change. Taking advantage of the many opportunities offered by COP26, through dialogues with stakeholders, the Group will strive to meet its commitments through collaborative creation and by accelerating the global expansion of the environmental business. Following is an outline of Hitachi’s initiatives at COP26:
Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network. Prime Minister Shri Narendra Modi participated in an event marking Abhidhamma Day at the Mahaparinirvana Temple in Kushinagar. Governor and Chief Minister of Uttar Pradesh, Union Ministers, Shri G Kishan Reddy, Shri Kiren Rijiju, Shri Jyotiraditya Scindia, Cabinet Minister in Sri Lankan Government, Shri Namal Rajapaksa, Buddhist delegation from Sri Lanka, diplomats from Myanmar, Vietnam, Cambodia, Thailand, Lao PDR, Bhutan, South Korea, Sri Lanka, Mongolia, Japan, Singapore, Nepal, among others, were present on the occasion. Addressing the event, the Prime Minister noted the auspicious occasion of Ashwin Poornima and the presence of holy relics of Lord Buddha. Welcoming the delegation of Sri Lanka, the Prime Minister recalled the connections between India and Srilanka and talked about emperor Ashoka’s son Mahendra and daughter Sanghamitra taking the message of Buddhism to Sri Lanka. He also remarked that it is believed that on this day, ‘Arhat Mahinda’ came back and told his father that Sri Lanka had accepted the Buddha’s message with so much energy. This news had increased the belief that Buddha’s message is for the whole world, Buddha’s Dhamma is for humanity, the Prime Minister said. Lauding the role of the International Buddhist Confederation in spreading the message of Lord Buddha, the Prime Minister remembered Shri Shakti Sinha for his contribution as DG of the International Buddhist Confederation. Shri Sinha passed away recently. The Prime Minister remarked that today is another auspicious occasion – Lord Buddha’s coming back to earth from Tushita heaven. That is why, on Ashwin Purnima today, the monks also complete their three-month ‘Varshavas’. ‘Today I too have had the privilege of ‘chiver daan’ to the Sangh monks after the ‘Varshavas’’, Shri Modi said. The Prime Minister said Buddha is universal because Buddha said to start from within. Buddha’s Buddhatva is a sense of ultimate responsibility. The Prime Minister said today when the world talks about environmental protection, expresses its concern about climate change, then many questions arise with it. But, if we adopt the message of Buddha, then instead of ‘who will do’, ‘what is to be done’ path starts showing itself. The Prime Minister said that Buddha resides in the soul of humanity and is connecting different cultures and countries. India has made this aspect of his teaching part of the journey of its growth. “India never believed in restricting the knowledge, great messages or the thoughts of great souls. Whatever was ours was shared with the entire humanity. That is why, human values like non-violence and compassion are settled in the heart of India so naturally”, the Prime Minister said. The Prime Minister said Buddha, even today, is the inspiration of the Constitution of India, Buddha’s Dhamma Chakra is sitting on the tricolour of India and giving us momentum. Even today, if someone goes to the Parliament of India, then this mantra is definitely seen – ‘Dharma Chakra Pravartanaya’, the Prime Minister said. Talking about the influence of Lord Buddha in Gujarat and, specifically, the Prime Minister’s birthplace, Vadnagar, Shri Modi said Buddha’s influence is visible in western and southern parts of the country in equal measures as the eastern parts. “Gujarat’s past shows that Buddha was beyond boundaries and directions. Mahatma Gandhi, born in the land of Gujarat was the modern flag-bearer of Buddha’s message of truth and non-violence”, he said. Quoting Lord Buddha “Appa Deepo Bhava” meaning “be your own lamp”, the Prime Minister said when a person is self-illuminated, then he gives light to the world as well. He added that this is the motivation for India to become self-reliant. This is the inspiration that gives us the strength to participate in the progress of every country in the world. The Prime Minister also remarked that Lord Buddha’s teachings are being taken forward by India in the mantra of Sanka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas. हम सभी जानते हैं कि श्रीलंका में बौद्ध धर्म का संदेश, सबसे पहले भारत से सम्राट अशोक के पुत्र महेन्द्र और पुत्री संघमित्रा ले कर गए थे। माना जाता है कि आज के ही दिन ‘अर्हत महिंदा’ ने वापस आकर अपने पिता को बताया था कि श्रीलंका ने बुद्ध का संदेश कितनी ऊर्जा से अंगीकार किया है: PM — PMO India (@PMOIndia) October 20, 2021 इस समाचार ने ये विश्वास बढ़ाया था, कि बुद्ध का संदेश पूरे विश्व के लिए है, बुद्ध का धम्म मानवता के लिए है: PM @narendramodi — PMO India (@PMOIndia) October 20, 2021 आज एक और महत्वपूर्ण अवसर है- भगवान बुद्ध के तुषिता स्वर्ग से वापस धरती पर आने का! इसीलिए, आश्विन पूर्णिमा को आज हमारे भिक्षुगण अपने तीन महीने का ‘वर्षावास’ भी पूरा करते हैं। आज मुझे भी वर्षावास के उपरांत संघ भिक्षुओं को ‘चीवर दान’ का सौभाग्य मिला है: PM @narendramodi — PMO India (@PMOIndia) October 20, 2021 बुद्ध इसीलिए ही वैश्विक हैं क्योंकि बुद्ध अपने भीतर से शुरुआत करने के लिए कहते हैं। भगवान बुद्ध का बुद्धत्व है- sense of ultimate responsibility: PM @narendramodi — PMO India (@PMOIndia) October 20, 2021 आज जब दुनिया पर्यावरण संरक्षण की बात करती है, क्लाइमेट चेंज की चिंता जाहिर करती है, तो उसके साथ अनेक सवाल उठ खड़े होते हैं। लेकिन, अगर हम बुद्ध के सन्देश को अपना लेते हैं तो ‘किसको करना है’, इसकी जगह ‘क्या करना है’, इसका मार्ग अपने आप दिखने लगता है: PM @narendramodi — PMO India (@PMOIndia) October 20, 2021 बुद्ध आज भी भारत के संविधान की प्रेरणा हैं, बुद्ध का धम्म-चक्र भारत के तिरंगे पर विराजमान होकर हमें गति दे रहा है। आज भी भारत की संसद में कोई जाता है तो इस मंत्र पर नजर जरूर पड़ती है- ‘धर्म चक्र प्रवर्तनाय’: PM @narendramodi — PMO India (@PMOIndia) October 20, 2021 *** DS/AK (Release ID: 1765111)Hong Kong – Hong Kong, China participates actively in APEC 2021 Economic Leaders’ Week (with photos)
Hong Kong, China has actively participated in the Asia-Pacific Economic Cooperation (APEC) 2021 Economic Leaders’ Week, pledging support for international cooperation in fighting against the pandemic and championing free trade as a solution for the post-pandemic global economy recovery.
The APEC Economic Leaders’ week is the annual event of APEC, concluded by the Economic Leaders’ Meeting to advance various trade and investment initiatives in the Asia-Pacific region and to give political support at the highest level to the APEC process.
APEC 2021 is hosted by New Zealand under the theme of “Join, Work, Grow. Together.” Of the various activities held during the APEC 2021 Leaders’ Week conducted via video-conferencing, the Chief Executive, Mrs Carrie Lam, participated in the Economic Leaders’ Meeting tonight (November 12) and the APEC Business Advisory Council Dialogue last night (November 11), while the Secretary for Commerce and Economic Development, Mr Edward Yau, attended the two-day APEC Ministerial Meeting on November 8 and 9.
Speaking at the Economic Leaders’ Meeting tonight, Mrs Lam stressed Hong Kong, China’s determination to join all APEC member economies to navigate through the pandemic, and the importance to guard against resurgence of the pandemic which would set back some of the progress made in the road to recovery. She noted that Hong Kong, China has donated 7.5 million doses of COVID vaccine to the World Health Organization’s COVAX to help vulnerable countries fight the pandemic.
Mrs Lam gave an account of Hong Kong, China’s reassuring economic outlook. She said, “Being one of the world’s freest economies, sixth largest trading entity and third largest destination of foreign direct investment, we are benefiting from the revitalised manufacturing activities and resumption of demands around the world as shown by our 14.2 per cent year-on-year growth in goods export in the third quarter of this year. Our economy has grown by 7.0 per cent year-on-year in the first nine months and we are expecting 6.4 per cent for the whole year.”
Mrs Lam said that efforts in achieving a full-fledged economic recovery must go hand in hand with unimpeded progress towards sustainable development goals. Having overcome severe political challenges with staunch support of the Central People’s Government, Hong Kong, China has formulated an array of initiatives to support the achievement of sustainable development goals. She introduced some of the key measures, including the recently announced Hong Kong’s Climate Action Plan 2050, the development of Hong Kong, China into a green finance hub, the development of a complete innovation and technology ecosystem in the Guangdong-Hong Kong-Macao Greater Bay Area, and more.
In conclusion, Mrs Lam reaffirmed Hong Kong, China’s unequivocal support for multilateralism and international cooperation in overcoming the global crisis and delivering an inclusive and sustainable recovery. As a champion of free trade, Hong Kong, China steadfastly stands by the rules-based multilateral trading system and will collaborate constructively with other World Trade Organization members for a meaningful outcome at the 12th Ministerial Conference.
At the end of the meeting, Mrs Lam and Leaders of other APEC member economies endorsed the Aotearoa Plan of Action to implement the APEC Putrajaya Vision 2040. The APEC 2021 Economic Leaders’ Declaration that represents APEC’s commitment to strengthening regional cooperation in fighting against the pandemic and pursuing an inclusive and sustainable recovery was issued.
Japan – Hitachi Participates in COP26 as a Principal Partner
The Hitachi’s Group at the COP26 Green Zone
https://www.hitachi.com/New/cnews/month/2021/10/211029.pdfPM participates in an event marking Abhidhamma Day at the Mahaparinirvana Temple in Kushinagar
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PM Participates in G20 Extraordinary Summit on Afghanistan
Prime Minister Shri Narendra Modi participated virtually in the G20 Extraordinary Summit on Afghanistan earlier today. The Meeting was convened by Italy, which currently holds the G20 Presidency, and chaired by Italian Prime Minister Mr. Mario Draghi. Issues under consideration at the meeting related to the humanitarian situation; concerns relating to terrorism; and human rights in Afghanistan.
In his remarks, the Prime Minister welcomed the initiative of the Italian G20 Presidency in convening the meeting to take stock of the current situation in Afghanistan. He emphasized the centuries old people-to-people ties between India and Afghanistan. The Prime Minister mentioned that over the last two decades, India has contributed to promoting socio-economic development and capacity building of youth and women in Afghanistan. He recalled that over 500 development projects have been implemented by India in Afghanistan.
The Prime Minister noted that the Afghan people have a great feeling of friendship for India. He conveyed that every Indian feels the pain of Afghan people facing hunger and malnutrition. He emphasized the need for the international community to ensure that Afghanistan has immediate and unhindered access to humanitarian assistance.
The Prime Minister also underlined the need to ensure that Afghan territory does not become a source of radicalization and terrorism, regionally or globally. He emphasized on the need to enhance our joint fight against the nexus of radicalization, terrorism and the smuggling of drugs and arms in the region.
In order to preserve the socio-economic gains of the last 20 years and to restrict the spread of radical ideology, the Prime Minister called for an inclusive administration in Afghanistan, which includes women and minorities. He conveyed support for the important role of the United Nations in Afghanistan and called for renewed support of the G20 for the message contained in UN Security Council Resolution 2593 on Afghanistan. The Prime Minister called on the international community to forge a unified international response without which it would be difficult to bring about the desired change in Afghanistan’s situation.
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