EBRD Board Directors to visit Moldova

Meetings with authorities, businesses and civil society ahead of Bank’s new country strategy Representatives of the EBRD Board of Directors will arrive in Moldova on Monday, 23 October 2017, for a four-day visit. They will discuss the Bank’s support for the Moldovan economy with a wide range of stakeholders, including representatives of the country’s authorities, foreign and […]

EBRD Board Directors to visit Turkey

Meetings with authorities, businesses and civil society to discuss Bank’s contribution to the Turkish economy Representatives of the EBRD Board of Directors will arrive in Turkey, a top destination for EBRD finance, on Sunday, 22 October 2017, for a five-day visit. During their stay in Ankara and Istanbul the Directors will discuss the Bank’s contribution to […]

IIB expands global partnership during IMF/World Bank Group and IIF events

The International Investment Bank (IIB) delegation, headed by the Deputy Chairman of the IIB Board, Mr. Jozef Kollár, took part in the Annual Meetings of the International Monetary Fund and the World Bank Group (IMF/WBG) and the Institute of International Finance (IIF) annual membership meeting during October 11-15, 2017, in Washington, DC. The IMF/WBG and […]

Green finance in focus as EBRD President heads for IMF/World Bank talks

Climate funding takes 45 per cent share of total investment so far in 2017 The President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, will outline the Bank’s rapid progress towards meeting ambitious climate finance goals at this week’s meetings of the World Bank and International Monetary Fund. The EBRD President will […]

GCF approves major contribution to EBRD Kazakhstan Renewables Framework

Fund to provide up to US$ 110 million for investments in green energy The Green Climate Fund (GCF) has approved an allocation of up to US$ 110 million to the EBRD’s Kazakhstan Renewables Framework, an innovative plan to finance the construction and operation of renewable energy projects in the Central Asian country. The framework was approved by the […]

Tbilisi Green City Action Plan approved by local authorities

Georgia capital becomes second city to benefit under EBRD programme Efforts to secure a clean and safe environment for the citizens of the Georgian capital Tbilisi will receive a major boost under a Green City Action Plan (GCAP) approved by the municipal authorities today. Lin O’Grady, EBRD Deputy Director, Municipal and Environmental Infrastructure, welcomed the decision: “We are very proud […]

EBRD First Vice President Bennett to visit Mongolia

EBRD First Vice President Phil Bennett will visit Mongolia next week to meet President Khaltmaagiin Battulga, the interim government and the business community. It will be the first visit of a member of the Bank’s Executive Committee since the adoption of the new country strategy for Mongolia in June 2017. During his three day-visit, which begins on Monday, Mr Bennett will […]

EBRD President underscores support for businesses in Belarus

Meetings with local authorities in Minsk EBRD President Sir Suma Chakrabarti has completed a visit to Belarus today, where he held discussions with the country’s President Alexander Lukashenko, Prime Minister Andrey Kobyakov, senior civil servants, businesses, civil society organisations and the diplomatic community. It was the first visit by the EBRD President to Belarus since […]

MDBs increase 2016 financing to tackle climate challenge

EBRD on track to meet Paris accord commitments. The world’s six largest multilateral development banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to US$ 27.4 billion from US$ 25 billion in 2015. Of the 2016 total, […]

What China’s “Belt and Road Initiative” means for the Western Balkans

Romania is one of the countries that will benefit from the “Belt and Road Initiative”. Independent report for EBRD analyses impact of “Balkan Silk Road” China’s “Belt and Road Initiative”, launched by President Xi Jinping in 2013, is a Eurasian grand strategy that seeks to expand and secure maritime routes and land infrastructure networks from China […]