Statement on Volkswagen

The EIB Global Advisory Council has convened for its second meeting bringing together leading international experts to discuss the strategic outlook for the multilateral development system in today’s evolving geopolitical context.

Paris, May 18, 2026. The signatory Multilateral Development Banks (MDBs) are responding to requests for support from countries and clients to help address the heterogeneous and compound impacts from the conflict in the Middle East, including disruptions to energy and fertilizer markets and trade routes, with spillover effects on inflation, food security, jobs, fiscal and external balances, and financing conditions.

The European Investment Bank (EIB) on Monday hosted a half-day seminar focused on the Global Emerging Markets Risk Database (GEMs), the world’s largest credit risk database for emerging markets, and its role in supporting investment in Emerging Markets and Developing Economies (EMDEs).