The EBRD goes to COP27, the international climate conference in Egypt from 6 to 18 November, with ambitious plans to ratchet up its pioneering climate work across the regions where it works.
Together with other multilateral development banks (MDBs), the Bank plays a leading role in helping to decarbonise economies and enable the transition to a more sustainable future, with a focus on involving the private sector in tackling climate change.
The EBRD, which operates across three continents – in central and eastern Europe, Central Asia, and the southern and eastern Mediterranean (SEMED) – aims to instill confidence in the green transition and enthusiasm for the opportunities it offers.
EBRD President Odile Renaud-Basso, who leads the Bank’s delegation, said: “We want to generate confidence in our countries of operation so that they can have big ambitions for their low carbon pathways. However increasingly ambitious they get, they will be able to count on EBRD unwavering support and finance.”