ESG importance continues rise in investors’ weighting despite Covid-19 pandemic
ESG importance continues rise in investors’ weighting despite Covid-19 pandemic
EBRD regions to catch up quickly with changes in investor behaviour
Liquidity remains concern for investors in smaller economies and companies Despite the severe impact of the coronavirus on the global economy, the influence of environmental, social and corporate governance (ESG) issues on investor decision-making continues to grow in the economies where the European Bank for Reconstruction and Development (EBRD)is active, a new study published today finds. The report titled
The Investor Base of Securities Markets in the EBRD Regions will be presented in a panel discussion on
Ευρωκίνηση 2/18/2021 Athens News Agency
ATHENS Greece s excellent collaboration with the European Bank for Reconstruction and Development (EBRD) and the importance of investments for the growth of the Greek economy, with emphasis on the creation of new and well-paid jobs, were discussed during a video call between Prime Minister Kyriakos Mitsotakis and the EBRD President Odile Renaud-Basso.
At the same time, according to sources, they also discussed an increase in the EBRD s financial support to the private and financial sector, as well as its contribution to the Recovery Fund projects and Public-Private Partnerships (PPPs) in the final phases of planning.
Other topics discussed included energy issues, such as well the phasing out of lignite, and the further development of synergies with the Greek Development Bank on the level of financing products.
Donors gave half a billion euros to EBRD projects in 2020
Donors gave half a billion euros to EBRD projects in 2020
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European Union largest donor, providing almost two-thirds of total amount
Continued strong support from global climate funds as well as bilateral donors The international donor community delivered indispensable support to address the impact of the coronavirus pandemic with a contribution of almost half a billion euros to investments by the European Bank for Reconstruction and Development (EBRD) in 2020. Governments and bilateral and multinational donors joined forces by providing €489 million in grants and concessional finance to projects and activities by the Bank to build greener economies, boost small businesses, improve vital infrastructure and support its policy engagement and advisory services.
The fact that last year was extremely good for the exchange can be seen in its trading volumes, which according to Marek Dietl, the WSE’s CEO, were the highest in the decade since the bourse started recording them.
“In 2020, equity turnover value of the GPW’s main market electronic order book increased by 55.3 per cent year on year to 297 billion zloty (66 billion euros). From an investor’s perspective, it was a great year,” he says.
Record low interest rates
A part of the WSE’s success can be attributed to the central bank of the Republic of Poland (Narodowy Bank Polski, NBP) setting a very low reference interest rate as a means of trying to stimulate the economy and protect it from the Covid-19 fallout.
Share this page: Part of Ukraine’s road network which will benefit from a €450 million EBRD loan to state road agency Ukravtodor €450 million loan for Ukraine’s road infrastructure Supporting two major goals of the government of Ukraine – improving the national road infrastructure and fighting corruption – the EBRD is providing a €450 million loan to the state road agency Ukravtodor. Prime Minister Denys Shmyhal said: “The EBRD consistently supports investment projects in Ukraine and the government is grateful for this partnership. We are interested in infrastructure development not only because it makes people’s lives more comfortable, but it also creates a multiplying effect for economic growth.