EBRD newsletter - Friday 16 April The EBRD celebrates its 30th birthday Marking the 30th anniversary of the EBRD s foundation, President Odile Renaud-Basso delivered a keynote speech on Thursday referencing both past successes and the Bank’s future role. She said: “we will be working with the Board of Directors over the next few weeks to prepare a resolution on climate action and the net-zero transition to put before the Board of Governors at the summer’s Annual Meeting. This draft resolution would commit us to full alignment with the Paris Agreement and to further supporting all the countries where we work in their transitions to low carbon economies. This would mark a landmark step forward in our approach.”
The global recession would have been three times deeper had governments not stepped in to rescue their economies, the International Monetary Fund has said, in its most positive outlook for the global economy since the onset of the pandemic.
POLITICS has been highly charged and combative across the UK for many years now. The British political system, its rules and codes, and how politics and power is enacted have been in decline for some time. While many in Scotland view this as proof that independence is needed as soon as possible, it is also true that Scottish politics has some soul-searching to do. Recent times have seen our own controversies about party, government and power which have to be reflected and acted upon. Trust in the British political system, politicians and institutions have never been in more doubt. Boris Johnson’s integrity, honour and word is now openly questioned and seen by many as worthless. None of this should be that surprising as many people who have worked with Johnson over the years have said this, but the scale of his deceit and mendacity are shocking.
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Date: 27 May 2021