The European Investment Bank Group hosted an interactive seminar to present the extensive range of support made available to private sector development in Georgia.
Private sector is a key driver for growth, employment and innovation in Georgia. Supporting Access to Finance for micro, small and medium sized enterprises (SMEs) and midcap companies is a top priority for the EIB Group. With the support of the EU, the EIB Group is stepping up its efforts in improving access to finance and building capacity in order to support sustainable and inclusive growth in Georgia.
The event, organised in cooperation with Georgia’s Innovation and Technology Agency (GITA), the Ministry of Economy and Sustainable Development of Georgia and the Delegation of the European Union in Georgia, took place on 8 May 2017 in Tbilisi.
The seminar was introduced by high level representatives of the EU, Georgian Government and EIB Group. A discussion on cooperation with the EIB and private sector development in Georgia followed, as well as presentations and Q&A sessions on EIB Group’s activities in Georgia. Focus was put on the latest initiatives made available to improve access to finance for local micro enterprises, SMEs and midcaps. A networking reception also took place.
The European Investment Bank is participating in the Climate Adaptation Summit (CAS) 2021. This year’s summit, hosted by the Netherlands, will convene global leaders and local stakeholders. During the two-day summit, a comprehensive Adaptation Action Agenda will be launched, setting out clear commitments to deliver concrete new endeavours and partnerships to make our world more resilient to the effects of climate change.
The transition to a net-zero economy represents a massive opportunity for capital providers to finance new technologies and invest in the business models of the future. But today, the volume of capital for the transition is well short of what will be needed. What is constraining capital from flowing into transition projects? At a fundamental level, the investments that need to be made are large and risky. This is especially true in emissions-intensive heavy industrial and mobility sectors.
The Eesti Pank and the European Investment Bank are hosting the webinar ‘Investment and Investment Finance in Estonia.’
The webinar will focus on investment needs and priorities for Estoniain times of COVID-19, digitalisation and climate change. It brings together a group of economists, policymakers, as well as representatives from financial institutions and the business community.
After the opening remarks, the results of the EIB Investment survey for Estonia will be presented, followed by a presentation on the results of the Eesti Pank study on investment by firms. A high level panel will follow, focusing on investment dynamics and investment gaps in Estonia.