The bank will meet regional partners from across the globe, as well as fellow International Financial Institutions, to detect new cooperation opportunities that would help move its ambitious proposals forward.
EIB President Werner Hoyer, speaking ahead of the IMF/World Bank Group annual meetings said, “’The world is in real need of bold multilateral action. From trade policy and development to climate action, Europe can and must itself provide leadership. As the financial arm of the EU and an investor across the globe, we must reaffirm our commitment to play our part. We must act immediately and swiftly if we want to ensure a sustainable transition to a “net-zero” emissions economy. As the recent IPCC (Intergovernmental Panel on Climate Change) report warned us, the effects of climate change are hitting us more strongly than ever before. Natural hazards such as droughts, floods, forest fires, food shortages, and disease pandemics will become more frequent in the near future, potentially displacing millions of people. We need to all join forces to build a resilient and inclusive society that leaves no one behind.”
https://www.neweurope.eu/article/eib-to-announce-new-initiatives-for-climate-action-and-inclusive-development/