Mutual Reliance Initiative
To enhance the effectiveness of development cooperation, we are one of the partners in the Mutual Reliance Initiative (MRI), which sees the Bank join forces with the French Agency for Development (AFD) and Germany’s KfW Development Bank. The initiative allows the promoters of investment projects co-financed by the three development institutions in EU partner countries to benefit from a larger project finance capacity through a structured division of labour. Blending expertise The EIB, KfW and AFD are all significant players in European external action, but they work under different regulati...
Source: eib.org