- Today’s vote gives the green light to the EU Bank for an extra 3.7 billion euros in support of the Bank’s Economic Resilience Initiative to target migration in the EU’s Southern Neighborhood and the Western Balkans.
- It allows for an increase in financing for Europe’s Eastern Partnership countries, including Ukraine
The European Investment Bank (EIB) has signed a EUR 102.5 million (ZMK 11,5 billion) concessional loan with the Zambian Ministry of Finance and the Lusaka Water & Sewerage Company (LWSC) in support of local sanitation infrastructure in the Zambian capital.
The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) have set up an emergency post-disaster reconstruction financing initiative to help the Region recover from recent hurricane events.
Seven Multilateral Development Banks (MDBs) announced a new coordination platform on economic migration and forced displacement today in a meeting with G7 officials at the World Bank Annual Meetings, to advance strategic priorities, including improving data and evidence and strengthening technical assistance to maximize the impact of projects supported by MDBs.
This sixth edition of the Joint Report on Multilateral Development Banks’ Climate Finance provides an overview of financing committed by the African Development Bank (AfDB), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank Group (IDBG), and the World Bank Group (WBG), to climate change mitigation and adaptation projects and activities in 2016.