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Global business leaders' confidence in the resilience of their organizations on the rise despite the pandemic BSI's fourth Organizational Resilience Index identifies a clear link between holistic Organizational Resilience and financial performance, with 57% expecting a stronger 2021 News provided by Share this article Share this article HERNDON, Va., April 6, 2021 /PRNewswire/ -- Despite the challenges of 2020, business leaders' confidence in the resilience of their organizations has risen, according to BSI's recently released fourth annual Organizational Resilience Index report, which surve...

EBRD provides US$ 25 million to Uzpromstroybank EBRD provides US$ 25 million to Uzpromstroybank Uzpromstroybank Support under EBRD’s Resilience Framework The European Bank for Reconstruction and Development (EBRD) is responding to on-going challenges for Uzbekistan’s real economy caused by the Covid-19 pandemic by providing financing to local small and medium-sized enterprises through local banks. A loan of up to US$ 25 million under the Bank’s Resilience Framework, designed to tackle the economic impact of the coronavirus pandemic, will be provided to the country’s oldest lender U...

Fast Facts Climate change is expected to affect every aspect of the electricity grid—from generation, transmission, and distribution, to demand for electricity. For example, more frequent droughts and changing rainfall patterns may diminish hydroelectricity in some areas, and increasing wildfires may damage transmission lines. The Department of Energy and the Federal Energy Regulatory Commission could do more to enhance grid resilience to climate change. We recommended that DOE develop a strategy and coordinate efforts within the department to enhance resilience, and that FERC assess grid c...

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 58 million to Turk Ekonomi Bankasi A.S. (TEB) in support of local small businesses facing liquidity shortages due to the coronavirus pandemic.

EBRD reports record 2020 investment in response to Covid-19 Emergency measures to address economic impact of crisis Building back better economies is challenge ahead The European Bank for Reconstruction and Development (EBRD) responded to the coronavirus pandemic with record investment of €11 billion in 2020 through 411 projects, addressing the urgent needs of the 38 economies where it invests. This represents a 10 per cent increase in annual business investment relative to 2019, when the Bank provided €10.1 billion to finance 452 projects. EBRD President Odile Renaud-Basso said: “The...