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    Washington
    21
    -
    26
    oct 2024

    The EIB at the World Bank Group-IMF Annual Meetings 2024

    We need our multilateral institutions more than ever to pursue our shared vision of a more prosperous, sustainable and safer world. This was in focus at this year’s Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) which took place in Washington D.C.

    A European Investment Bank (EIB) delegation led by President Nadia Calviño and Vice-Presidents Ambroise Fayolle and Thomas Östros unveiled new initiatives at the meetings to deliver concrete solutions in order to reinforce resilience, tackle global challenges, drive financial system reforms and address the vulnerability of nations. 

    Annual Meetings highlights

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    V20 Ministerial Dialogue: Realizing Climate Prosperity through Financial Reform, Debt Solutions, and Affordable Capital

    12:30-14:00 ET

    This event highlighted financial reforms and debt solutions for climate prosperity. Vice-President Östros discussed supporting adaptation projects in vulnerable countries through innovative instruments, market development, and EU grant blending.

    Climate Voices: Barbados Debt-for-Climate Conversion

    14:00-15:00 ET

    President Calviño joined Mia Mottley, Prime Minister of Barbados and Ilan Goldfajn, President of the Inter-American Development Bank(IDB) in a panel moderrated by Bo Li, Deputy Managing Director of the IMF, to discuss innovative debt-for-climate conversions and partnerships, highlighting how MDBs are helping vulnerable countries like Barbados invest in climate resilience and reduce debt burdens.

     Replay the livestream

    Chief Economists' Roundtable: The Road to High-Quality Growth

    12:30-14:00 ET

    The EIB's Chief Economist Debora Revoltella along with her counterparts from the other MDBs discussed strategies for achieving sustainable, high-quality growth in the current global economic landscape. She also presented the EIB’s Investment Survey 2024 to the larger group.


     

    6th Ukraine Ministerial Roundtable

    17:15-18:15:00 ET

    President Calviño reaffirmed the Bank's unwavering support for Ukraine, highlighting efforts to provide energy resilience, repair critical infrastructure, and support SMEs, while preparing for long-term reconstruction and EU integration.

     Read the press release

      Learn more about EIB's support for Ukraine
     

    Clean Cooking event

    19:00-20:00 ET

    President Calviño announced support for BURN's clean cooking stoves at an event highlighting how these innovative technologies, in partnership with the EU, are creating effective climate solutions. This initiative aims to create a sustainable future and strengthen communities, particularly by improving women's health.

     Read the press release

      Learn more about East Africa Clean Cooking Expansion

    Partnering for Impact: Launch of the Collaborative Co-financing Forum

    15:00-17:00 ET

    Vice-President Fayolle joined a panel discussion with key leaders from other MDBs to explore early opportunities, benefits, and challenges of co-financing and to share knowledge and experience to build collective capacity.

    Seizing opportunities for enhanced resilience: Adaptation and the critical role of African Finance Ministries

    16:00-17:30 ET

    Vice-President Fayolle joined a dialogue with African Finance Ministers on climate adaptation and resilience, presenting strategies for optimising resources and scalable financing solutions.

    IMFC Plenary Session

    11:00-13:00 ET

    President Calviño participated in discussions with her counterparts on global economic challenges, policy coordination, and strategies to strengthen international financial stability.

    IN FOCUS

    EIB Investment Survey 2024: European Union overview

    The EIB’s Investment Survey 2024, released at the World Bank-IMF Annual Meetings in Washington, paints a picture of leadership of EU businesses in the green transition and the reinforcement of their supply chains in the face of heightened geopolitical risks and supply-chain disruptions.

    Our stories

    Global Gateway: EIB and Caribbean Development Bank partner to boost resilience to climate change in the Caribbean
    Water supply and management and the ocean ecosystem across the Caribbean will receive much-needed support thanks to a new joint initiative announced today by the European Investment Bank (EIB) and the Caribbean Development Bank (CDB). A €100 million ($109.4 million) loan from the EIB will boost CDB support to projects that secure the supply of clean water, improve collection and treatment of wastewater and solid waste and upgrade flood prevention. The investments will help countries adapt to more frequent periods of drought or intense rain caused by climate change and contribute to environmental sustainability through reduced ocean pollution.
    New agreements signed to extend to Ukraine the EU unified 112 emergency system, reinforce energy security and boost EU-Ukraine trade
    The European Investment Bank (EIB) Group, in collaboration with the European Commission and the Government of Ukraine, announced key initiatives to support Ukraine’s recovery and resilience on the sidelines of the 2024 Annual Meetings of the IMF and World Bank Group. These include supporting the rollout of the EU unified 112 emergency system, securing critical energy infrastructure and facilitating EU exports to Ukraine.
    Expanding Clean Cooking in East Africa to strengthen communities, cut pollution and save lives: US $15 million financing from European Investment Bank for Kenya-based BURN
    Today BURN, the world’s leading clean cooking appliance manufacturer, distributor, and carbon project developer, and the European Investment Bank signed an agreement to invest $15 million from the EIB to fund the distribution of BURN’s ECOA Electric Induction cooker to households across the East African region.
    EIB Investment Survey 2024: More than 60% of European companies have invested in climate mitigation and adaptation and more than 70% in their digital transformation
    Companies in the European Union weathered relatively well the health, price and trade shocks of the last four years and have increased their ambitions for green and digital transformation, according to a survey by the European Investment Bank (EIB)

    Our activities

    Learn more about the EIB and how our activities make an impact around the world.

    Climate action is our top priority. We are investing in the breakthrough technologies that will lead to a net-zero economy.

    We are increasing investments to build resilience in fragile and conflict-affected areas, addressing crises like conflict, displacement, and food insecurity.

    Around the world, our work promotes the EU’s Global Gateway initiative, delivering on climate action and the UN sustainable development goals.

    After Russia’s invasion, our support for Ukraine is unwavering as we continue to mobilise relief to help rebuild the country.