Multilateral development banks (MDBs) are navigating an increasingly intricate and challenging geopolitical landscape. In the midst of a world ‘polycrisis’ and shifting global dynamics, MDBs are under mounting pressure to adapt.
The climate emergency, debt distress, strained supply chains and the war on Ukraine are further undermining the limited progress made towards achieving the Sustainable Development Goals. With public finances increasingly stretched, mobilising the scale of investments the world needs, notably from private funds, is more important than ever.
The European Bank for Reconstruction and Development (ERBD) is a pioneering international financial institution based in London with a mandate which focuses on promoting the private sector. Odile Renaud-Basso, the EBRD’s president, will discuss the complex geopolitical context of the debate over MDB reform, and set out their critical role in mobilising private finance.
As with all member events, questions from the audience drive the conversation.