Proparco and OeEB, the Austrian DFI, join forces to provide a €34 million senior debt funding to Gravita Netherlands B.V. (GNBV), the overseas division head of Gravita India Limited (GIL). The group is a key player in the industrial recycling industry, especially in lead recycling, in India and overseas. Proparco and OeEB will support the international branch of GIL by increasing the recycling capacity and funding its daily needs.

With 214 projects confirmed in 2022 for an amount of €2.3 billion, Proparco’s activity broke the €2 billion barrier for the fourth year in a row. The year 2022 closed out Proparco’s 2020-2022 strategic cycle and featured a strengthening of the sustainable development rating process as part of the transition to its Strategy 2023-2027: “Acting together for greater impact”. This rating enhances the project selection process and includes a criterion of alignment with the objectives of the Paris Climate Agreement.

For the fourth year in a row, Proparco’s commitments topped the two billion euro mark, with a total of 214 projects. The fight against global warming and social and gender inequalities are strong markers of Proparco's commitment to the private sector. Focus on 5 key points.