Tag Archives: World Bank

Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release

EBRD to Include Climate Resilient Debt Clauses in Loan Agreements for Vulnerable Countries

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the inclusion of climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed, and municipal clients from lower-middle-income countries where it operates. These CRDCs will allow … Read the full press release

AFRY Advocates Collaborative Efforts for Ukraine’s Reconstruction at ReBuild Ukraine Conference

(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

World Bank, EBRD, and EIB Strengthen Cooperation in Internal Audit Oversight

(IN BRIEF) The World Bank Group Internal Audit (GIA), European Bank for Reconstruction and Development Department of Internal Audit (EBRD-IA), and European Investment Bank Internal Audit Department (EIB-IA) have signed memoranda of understanding to enhance collaboration, particularly in information exchange, … Read the full press release

Multilateral Development Banks Collaborate on Circular Economy Transition at WCEF 2023

(IN BRIEF) Multilateral Development Banks (MDBs) including the AfDB, EBRD, EIB, IDB, and World Bank met at the World Circular Economy Forum (WCEF) 2023 in Helsinki to discuss the circular economy for the first time. They emphasized the role of … Read the full press release

EIB and Multilateral Development Banks Unite to Accelerate Circular Economy Adoption

(IN BRIEF) During the World Circular Economy Forum (WCEF) 2023, environment-focused directors from leading Multilateral Development Banks (MDBs) met to discuss the circular economy for the first time. The African Development Bank (AfDB), the European Bank for Reconstruction and Development … Read the full press release

Frank Heemskerk to Join KPN Supervisory Board: Former Minister and World Bank Executive Brings Expertise to Telecommunications Company

(PRESS RELEASE) ROTTERDAM, 17-Jan-2023 — /EuropaWire/ — Koninklijke KPN N.V. (AMS: KPN), a Dutch landline and mobile telecommunications company, has announced the nomination of Frank Heemskerk to its Supervisory Board. The appointment, which will take effect at the company’s Annual General … Read the full press release

Frank Heemskerk rejoint le conseil de surveillance de KPN : l’ancien ministre et cadre de la Banque mondiale apporte son expertise à l’entreprise de télécommunications

(COMMUNIQUÉ DE PRESSE) ROTTERDAM, 17-Jan-2023 — /EuropaWire/ — Koninklijke KPN N.V. (AMS: KPN), une société néerlandaise de télécommunications fixes et mobiles, a annoncé la nomination de Frank Heemskerk à son conseil de surveillance. La nomination, qui prendra effet lors de l’assemblée … Read the full press release

Skandinaviska Enskilda Banken (SEB)’s latest The Green Bond report: the world seems unlikely to be able to limit global warming to 1.5 degrees Celsius

(PRESS RELEASE) STOCKHOLM, 23-Nov-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced the release of its latest The Green Bond report (The Green Bond November 2022) with … Read the full press release

Laurent Capes to succeed Hélène Combe-Guillemet as the Head of Global Investment Banking at Crédit Agricole CIB

(PRESS RELEASE) MONTROUGE, 5-Sep-2022 — /EuropaWire/ — Crédit Agricole CIB, the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide, has announced the appointment of Laurent Capes as its Head of Global Investment Banking, … Read the full press release

Skandinaviska Enskilda Banken lead manager for World Bank’s NOK 3.5 billion Sustainable Development bond issuance

(PRESS RELEASE) STOCKHOLM, 14-Jan-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it was the lead manager for the recent NOK 3.5 billion (EUR 350 million) Sustainable … Read the full press release

OMV views the EU climate targets as particularly ambitious transposition of the Paris Climate Change Agreement

(PRESS RELEASE) VIENNA, 19-May-2021 — /EuropaWire/ — Austrian multinational integrated oil, gas and petrochemical company OMV, recognizes that climate change is one of the most important global challenges today and fully supports the goals set forth by the Paris Climate … Read the full press release

Inmarsat and Cobham SATCOM to connect 732 fishing vessels active in the Maldives Economic Exclusion Zone to Inmarsat’s Fleet One maritime broadband services

(PRESS RELEASE) LONDON, 15-Oct-2020 — /EuropaWire/ — Inmarsat, British mobile satellite telecommunications company, has announced that together with Cobham SATCOM, provider of mission critical products and services at the heart of sophisticated military and civil systems for over 75 years, … Read the full press release

French Treasury Director-General Odile Renaud-Basso to succeed Sir Suma Chakrabarti as EBRD president

(PRESS RELEASE) LONDON, 8-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that its Board of Governors has elected Odile Renaud-Basso of France as its next President. Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma … Read the full press release

Munich Re joins the Pandemic Emergency Financing Facility (PEF)

Munich Re is a partner to PEF, a World Bank initiative to contain pandemic outbreaks in developing countries MUNICH, 04-Jul-2017 — /EuropaWire/ — Munich Re has joined forces with the World Bank, the World Health Organization and other financial sector companies … Read the full press release

Swiss Re at World Bank /IMF in Lima: gap between insured and total losses is widening while many disaster-prone countries lack financial preparedness

Disaster risks are increasing but insurance hasn’t kept pace: the estimated USD 1.3 trillion gap between insured and total losses remains stubbornly large, hampering a country’s ability to recover Governments are uniquely exposed as they typically shoulder the cost of … Read the full press release

Heads of seven multilateral institutions issued joint statement on trade facilitation assistance at World Bank/IMF Annual Meeting

African Development Bank Asian Development Bank European Bank for Reconstruction and Development European Investment Bank Inter-American Development Bank International Monetary FundWorld Bank Group Washington, D.C., United States, 15-10-2013 — /EuropaWire/ — The Ninth WTO Ministerial Conference in Bali, Indonesia on 3-6 December … Read the full press release

EIB President Werner Hoyer at the Brookings Institution

29-4-2013 — /europawire.eu/ — The President of the European Investment Bank, Werner Hoyer, participated at the margin of the IMF / World Bank spring meetings at a panel discussion “The Way Forward for the Eurozone and Europe: A Conversation with European … Read the full press release