IMF and Ukrainian Authorities Reach Staff Level Agreement on the Second Review of the Extended Fund Facility (EFF) Arrangement

The International Monetary Fund (IMF) staff and the Ukrainian authorities have reached staff-level agreement (SLA) on an updated set of economic and financial policies for the second review of the 4-year Extended Fund Facility (EFF) Arrangement. The SLA is subject to approval by the IMF Executive Board.

EIB and FAO bolster sustainable agriculture and food production programmes in sub-Saharan Africa

Rome - The European Investment Bank (EIB) and the Food and Agriculture Organization of the United Nations (FAO) have joined forces to further strengthen their commitment to sustainable agriculture programmes in sub-Saharan Africa. The first agreement between the two institutions was acknowledged last Friday at FAO headquarters in Rome when FAO’s Director-General QU Dongyu and EIB’s Vice-president Gelsomina Vigliotti met on the sidelines of the World Food Forum.

EIB Global supports Vietnam's Just Energy Transition

At the Global Gateway Forum held in Brussels today, a memorandum of understanding was signed between the European Investment Bank (EIB) and Vietnam to support the implementation of the Just Energy Transition Partnership (JETP) in the country. The signing was attended by Teresa Czerwińska, Vice-President of the EIB; Ursula von der Leyen, President of the European Commission; and Tran Hong Ha, Vietnamese Deputy Prime Minister.

Bangladesh: €395 million EIB and EU backing for renewable energy projects

On the occasion of the Global Gateway Forum held in Brussels today, in the presence of Teresa Czerwinska, Vice-President of the European Investment Bank, Ursula von der Leyen, President of the European Commission, and Sheikh Hasina, Prime Minister of Bangladesh, a €350 million EIB loan and a €45 million EU investment and technical assistance grant, were signed to support climate action investments and develop renewable energy generation projects in the country.

The European Investment Bank joins forces with other MDBs on sustainable procurement

Today, sustainable procurement is more important than ever due to increasing climate, environmental and social concerns. What was once a voluntary tool which was considered to have marginal additionality, has now become the key driver for tackling climate change and achieving just transition goals.