EIB MED 2018: Improving Lives and Creating New Opportunities - The EU-Bank’s Economic Resilience Initiative
2 jul 2018
The 18th edition of the EIB MED Conference on 2 July in Amman brought together leaders and experts in the Mediterranean region to discuss what works and where investors can make an impact and focussed in particular on two of the most vital needs: water and jobs. After setting the scene with an overview of the macroeconomic situation in the Mediterranean region, the discussions focussed on how the Economic Resilience Initiative (ERI) helps to build the capacity of economies to absorb and respond to crises and shocks while maintaining strong growth. The sessions highlighted the product toolbox available under ERI (including loans to SMEs and mid-caps, technical assistance, microfinance, equity and venture debt), but also gave project promoters an opportunity to share their experience of working with EIB in the ERI context.
Two years after the launch of the International Platform on Sustainable Finance (IPSF), European development finance institutions (EDFI), the EIB and the EBRD are taking stock of efforts on the global level to scale up the mobilisation of private capital towards green investments in emerging and developing economies.