The European Bank for Reconstruction and Development (EBRD) has approved its Strategic and Capital Framework (SCF) for the next five years, demonstrating strong and continued support for Ukraine.
The EBRD’s central strategic objective for the 2026–2030 period is to provide exceptional support to Ukraine—sustaining livelihoods during wartime and contributing to the country's prosperous future within Europe as it undergoes reconstruction.
Governors agreed at the end of 2023 to increase the Bank’s paid-in capital by €4 billion to provide significant and sustained investment for Ukraine and help support the EBRD’s priorities wherever it operates.
The Bank has deployed more than €7 billion in Ukraine since the full-scale Russian invasion in 2022 and the new capital will have a multiplier effect which will further increase available investment.
"Delivering on the capital-increase commitments to Ukraine is the EBRD’s highest medium-term priority and a yardstick by which it will be judged. The EBRD will also increase its support to other countries of operation in response to both long-term transition needs and the continuing disruption and displacement resulting from the war in Ukraine," - the Bank said in its statement.
During the new SCF’s five-year period and without reducing its existing commitments, the Bank will also become fully operational in new countries in sub-Saharan Africa and Iraq.
“The Bank enters the next SCF period from a position of strength. This enables us to be even more ambitious for the impact and delivery we strive to achieve, not least in supporting Ukraine, which will continue to be our top priority,” - stated the EBRD President Odile Renaud-Basso speaking about Bank's strategic approach for the next five years.
The new SCF identifies three core themes for its activities:
Accelerating the green transition.
Advancing economic governance.
Promoting human capital and equality of opportunity for all.
It also aims to maximise the Bank’s impact through two strategic enablers:
Developing and deploying digital technology.
Mobilising more private capital.
Kazakhstan has concluded its first election to the new unicameral Kurultai, with turnout reaching 74.19 per cent, as vote counting begins following...
The Democratic Republic of Congo is set to receive 70,000 doses of the Ebola vaccine Ervebo as health authoriti...
U.S. President Donald Trump has vowed...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over the war and the Strait of Hormuz.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of August, covering the latest developments.
AnewZ Business Europe, a new weekday programme, takes viewers inside companies driving growth and innovation across the continent, with Brickken CEO Edwin Mata joining the programme for its first episode with host Chief Global Editor Guy Shone. The show airs every Friday.
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2024, according to ICD–LSEG, as more countries explore Shariah-compliant finance.
Fuel restrictions have returned to parts of Moscow and the surrounding region, adding another strain to Russia’s economy as refinery outages and rising imports weigh on the rouble.
Azerbaijan exported goods worth $17.372 million to Armenia between January and July 2026, according to data from the State Customs Committee, as commercial ties between the two South Caucasus neighbours showed signs of expansion.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment