United Bulgarian Bank (UBB) and the European Bank for Reconstruction and Development (EBRD) signed a CO2 emissions purchase agreement, thus hoping to create an incentive for corporate clients with projects for energy efficiency and renewable energy sources. The value of the contract is EUR 3.257 million. UBB services 6 Bulgarian companies that meet the requirements and will be united into a common portfolio selling saved emissions of CO2.
Source: Pari (07.03.2007)