The European Investment Bank (EIB Global) is launching the Innovation and Green Transformation Facility (IGTF), a new initiative aiming to accelerate sustainable private sector growth across the Western Balkans. The facility supports the EU Economic and Investment Plan and the New Growth Plan for the Western Balkans, reinforcing the region’s integration into the EU Green and Digital Agendas.
Under the Greening Financial Systems (GFS) programme, a market study surveyed over 300 medium and large enterprises across key industries in North Macedonia to assess sustainability practices, climate risk exposure and green finance uptake. The survey revealed insufficient levels of awareness about the green economy: only 7% identified as experts, while 30% were entirely unfamiliar with the concept. Despite this gap, over a quarter of respondents saw competitive advantage and revenue growth as key benefits of transitioning to greener practices. Insights from interviews and focus groups are informing the development of a climate risk disclosure framework for banks, expected to be finalised later in 2025.
Grounded in the IEO’s terms of reference, the policy clarifies operational procedures and reinforces principles of independence, transparency, and effectiveness.
Selected Issues Paper No. 2025/121
The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation Discussions for The Kingdom of the Netherlands—Curaçao and Sint Maarten and endorsed the staff appraisal without a meeting on a lapse-of-time basis.
Country Report No. 2025/256
The government of the Republic of the Marshall Islands (RMI) has made strides in addressing the vulnerabilities and challenges it faces as a small, fragile, and remote island state.
