A special focus was given to ALTUM green loans programme and recently approved electric car financing project, both of which will help reduce emissions from Latvia’s transport sector. Egils Levits underlined that ‘stable, strategically-placed and precisely targeted financial support for sustainable businesses is crucial for economic recovery and implementation of Green Deal in Latvia. That is why Latvia’s financial ecosystem needs ALTUM’.
Egils Levits and Reinis Bērziņš also discussed international cooperation and ALTUM’s participation in Three Seas Initiative Investment Fund. Latvian government has decided to invest 20 million euros in the fund that will finance infrastructure projects. President Levits is going to Tallinn, Estonia, on 19-20 October, to represent Latvia at this year’s Three Seas Initiative Summit.