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ECBF raises €175m fund to support Europe’s circular economy Image: © TSUNG-LIN WU/Stock.adobe.com The Luxembourg-based fund is seeking sustainable solutions ready to scale across Europe. A fund dedicated to financing European companies in the circular bioeconomy has more than doubled in size within two months of starting operations, reaching €175m. Large corporate investors in the European Circular Bioeconomy Fund (ECBF) include food and beverage giant Nestlé and Neste, producer of renewable diesel and sustainable aviation fuel. Other new investors include German insurance company Volkswohl Bund Versicherungen and NRW Bank, the promotional bank of the west German state of North Rhine-Westphalia.

Michael brandkampAndreas pinkwartEuropean circular bioeconomy fundDigital affairsEuropean investment bankVolkswohl bund versicherungenNorth rhine westphaliaDigital affairs ministerடிஜிட்டல் வாழ்க்கைத்தொழில்கள்ஐரோப்பிய முதலீடு வங்கிவடக்கு ரைன் வெஸ்ட்பாலியாடிஜிட்டல் வாழ்க்கைத்தொழில்கள் அமைச்சர்