EBRD elects first woman president, commits to support economic recovery

GLOBAL – European Bank for Reconstruction and Development (EBRD) has committed to increasing its annual funding as from 2021 to 2025 to help economies recover from the effects of the COVID-19 pandemic. The bank has also unveiled an ambitious plan to become a majority green bank by 2025 and increasing the share of green financing to at least 50% of its total financing by 2025. In response to the COVID-19 crisis, the EBRD committed to enhancing its activities in the following sectors: financial institutions, industry, commerce and agribusiness and sustainable…

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