Results for: Green Financing

Volar Air Mobility and Exim Finance have joined forces to accelerate the adoption of electric aircraft globally. This strategic partnership, formalized by a Memorandum of Understanding (MoU), aims to develop innovative green financing solutions, making eco-friendly aircraft more accessible. The collaboration will focus on Volar’s RX-series Electric Aircraft, including the RX4E, the world’s first four-seater electric plane, paving the way for a more sustainable future in aviation.

A new study suggests that green financing will stimulate Europe’s economy, but highlights potential fiscal difficulties for Mediterranean countries like Italy and Spain, who could face increased austerity measures due to their high debt levels. While the study projects overall economic growth, it emphasizes the need for robust EU-level funding to address these challenges.