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MDBs deliver record $137 billion in climate finance in 2024
10 Sept
2025

MDBs deliver record $137 billion in climate finance in 2024

Multilateral development banks (MDBs) delivered a record $137 billion in climate finance in 2024, a
World Bank invests $650 million in Istanbul Resilience Project
12 Aug
2025

World Bank invests $650 million in Istanbul Resilience

The World Bank has approved a $650 million loan to support the Istanbul Resilience Project, a major
African Development Bank Group approves $474.6 million loan to accelerate South Africa’s green transition
03 Jul
2025

African Development Bank Group approves $474.6 million loan

The Board of Directors of the African Development Bank Group (AfDB) has approved a $474.6 million
Key takeaways from NATO Summit in the Hague
26 Jun
2025

Key takeaways from NATO Summit in the Hague

NATO leaders gathered in The Hague on 26 June 2025 for a summit described as “historic” by its
EU set to adopt 18th sanctions package targeting Russia’s energy and financial sectors
24 Jun
2025

EU set to adopt 18th sanctions package targeting Russia’s

The European Union is expected to adopt its 18th package of sanctions against Russia in the coming
Development Banks join forces to finance $479 million renewable energy project in North Africa
19 Jun
2025

Development Banks join forces to finance $479 million

A consortium of leading development finance institutions - the African Development Bank (AfDB), the
EU imposes new tariffs on Russian and Belarusian agricultural products and fertilisers
13 Jun
2025

EU imposes new tariffs on Russian and Belarusian

The Council of the European Union has adopted a regulation that imposes new tariffs on the remaining
New EU Startup and Scaleup Strategy to strengthen Europe's competitiveness
02 Jun
2025

New EU Startup and Scaleup Strategy to strengthen Europe's

The European Commission has launched a new EU Startup and Scaleup Strategy, called ‘Choose Europe to
EU launches €150 billion SAFE instrument to boost European Defence Readiness
28 May
2025

EU launches €150 billion SAFE instrument to boost European

The European Commission and the Council of the EU have welcomed an agreement on the creation of the
Commission awards nearly 1 billion to boost development of renewable hydrogen
20 May
2025

Commission awards nearly 1 billion to boost development of

The Commission has announced the selection of 15 renewable hydrogen production projects for public
EU invests €7.3 billion in Horizon Europe Programme
15 May
2025

EU invests €7.3 billion in Horizon Europe Programme

The Commission is investing over €7.3 billion in its Horizon Europe programme to strengthen Europe’s
Islamic Development Bank and Asian Development Bank pledge $2 billion for joint development projects
13 May
2025

Islamic Development Bank and Asian Development Bank pledge

The Islamic Development Bank (IsDB) and the Asian Development Bank (ADB) have renewed their

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