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EIB accelerates climate adaptation, foresees Paris alignment of beneficiaries, and increases cohesion support

The Board of Directors of the European Investment Bank (EIB) today decided to accelerate targeted support for global climate adaptation and cohesion investment across Europe. It also approved a framework which calls for the respect by EU Bank financing beneficiaries to align with objectives of the Paris Agreement on climate, which aims at containing global warming under 1.5 C°.
Glasgow City United Kingdom France General Klaipedos Apskritis Werner Hoyer Eu Bank
Source: eib.org

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At G-7 Summit, World Leaders Must Commit to Increasing Climate Finance for Developing Countries

At G-7 Summit, World Leaders Must Commit to Increasing Climate Finance for Developing Countries June 9, 2021 The G-7 Leaders’ Summit gets underway soon, from June 11-13, in Cornwall, UK. As host nation for this summit, and the annual climate talks later this year (also known as COP26), the UK will clearly be elevating the need for climate action, alongside dealing with the COVID-19 pandemic and trade issues. One priority that must get urgent attention: richer nations need to make concrete com...
United States France General United Kingdom South Africa Arabian Sea India General
Source: ucsusa.org

G7 Finance Ministers & Central Bank Governors Communiqué, 5 June 2021, London, United Kingdom

<p><span>We, the Finance Ministers and Central Bank Governors of the G7, met virtually on 28 May 2021, and Finance Ministers met in London on 4-5 June 2021, joined by the Heads of the International Monetary Fund (IMF), World Bank Group, Organisation for Economic Cooperation and Development (OECD), Eurogroup, and (on 28 May) Financial Stability Board (FSB). We agreed concrete actions to address today’s historic challenges and as part of our renewed and urgent effort towards ...
Glasgow City United Kingdom France General City Of World Bank Group International Financial Reporting Standards Foundation

EBRD newsletter - Friday 04 June

EBRD President pays first visit to Morocco EBRD President Odile Renaud-Basso made her first official visit to Morocco in a virtual format on 24 and 25 May. She held high-level meetings with the Moroccan authorities, the business community and civil society. Meetings focused on Morocco’s post-Covid-19 recovery and EBRD investments to support it. In an interview with the newspaper Aujourd’Hui le Maroc, the EBRD President said: “The EBRD’s new strategic framework focuses on three mai...
France General Al Iskandariyah Serbia General Greece General National Bank Al Qahirah
Source: ebrd.com

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