The European Bank for Reconstruction and Development (EBRD) said that different multilateral development banks (MDBs) are useful as they each have different perspectives and approaches that can complement each other, during the G20 finance ministers and central bank governors meeting. EBRD President Odile Renaud-Basso said deeper engagement with the Indian private sector is being sought and that the Indian government has recognised MDB reforms as a key area of focus.
Korea will proactively contribute to global efforts to rebuild Ukraine and expand its commitment to related funds managed by multilateral development banks, Finance Minister Choo Kyung-ho said Tuesday.
The package is divided to $400 million for the National Bank, $100 million for Banque Misr, and €30 million euros for Mediterrania Capital fund, which accounts for more than $32 million.
The countries state that while nuclear was included in the EU's taxonomy as a green investment, the industry is not treated equally with renewables in legislation or in financing and as a result Europe's global competitiveness will suffer. The EU Commission did not immediately respond to a request for comment.
The European Bank for Reconstruction and Development (EBRD) plans to extend a loan of €25 million ($29.8 million) to Dnipro City to address challenges prompted by a surge of refugees from regions of Ukraine most affected by the war.