The European Commission, the European Investment Bank (EIB) and the World Bank today signed a joint Memorandum of Understanding aimed at enhancing donor coordination in the Middle East and North Africa / Southern Mediterranean region. The agreement signed in Brussels by senior officials from the three institutions will lead to a more focused and complementary approach at all levels from programme implementation to aid programming and overall policies.
EIB and EIF Boards of Directors meet in Warsaw to discuss new financing initiatives and affirm solidarity in the aftermath of floods
The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) gathered in Warsaw on 30 September and 1 October, to meet local authorities and discuss new initiatives and financing instruments that will help channel savings into productive investment for the benefit of Europe’s economies. In meetings with Polish officials, EIB Group President Nadia Calviño reiterated that the EU’s financial arm is ready to support reconstruction works in the aftermath of the recent catastrophic floods, and further scale up the financing for climate resilience projects in Poland and Central Europe.