IRHM, Your Global Window into Real Estate and Hospitality

October 27, 2026

EU

The European Bank for Reconstruction and Development and the European Union have introduced the Green Economy Financing Facility in the West Bank and Gaza. Supported by a €25.9 million facility, the initiative improves local access to finance for sustainable technology, renewable energy and climate resilience projects.
The Green Economy Financing Facility, supported by the EBRD and the European Union, has reached 25,000 households across the Western Balkans. Marking the milestone with a family in Vrčin near Belgrade, the initiative provides loans and grants to improve residential energy efficiency, cut electricity costs, and install clean energy technologies such as solar panels and heat pumps across the region.
Foster + Partners has joined a UK-EU consortium that secured a £4 million research grant from the European Innovation Council Pathfinder funding programme. The three-year SWIFT-BUILD project focuses on autonomous robotic assembly for modular timber structures using top-down construction techniques. The initiative combines artificial intelligence, automated machinery and aerial drones to create flexible buildings designed for adaptation and eventual disassembly.
The Green Building Initiative has launched Ascent Building Certification for the UK and EU markets. This science-based system evaluates sustainability and resilience across global commercial property portfolios. Building on the success of Green Globes, it provides a transparent framework. The certification helps investors achieve measurable ESG performance while adapting to local regulations and environmental standards across all building lifecycle phases.

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