Banking on development? The rise of the EIB as a development bank
On 1 January a new development branch of the European Investment Bank (EIB) went into operation. This was approved by the bank’s Board of Directors in September 2021, following relatively limited conversations on how to improve the European architecture for development. This branch aims to reorganise the EIB’s activities outside the European Union and enhance engagement with external partners through the provision of targeted strategies and services. Read our full analysis here.