Belgium: School roof solar panels — initial results of an ambitious programme from SeGEC together with the EIB, ELENA and Belfius Banque

In late September 2022, Secrétariat général de l’enseignement catholique (SeGEC), Belfius Banque, the European Investment Bank (EIB) and the DUSS consultancy launched a major project to equip private schools with solar panels. A year and a half later, all of the partners together with Reno.energy — the company that won the installation call for tenders in 2023 — have stated that the project has so far been a success. 

New report on mobilization of private finance by Multilateral Development Banks and Development Finance Institutions

27 Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs), including the European Investment Bank, published their latest report on their collective mobilization of private finance, which increased globally by 12% from the previous year to $71.1 billion in 2022.

IMF Executive Board Endorses Reforms to Promote the IMF’s Capacity to Support Countries Undertaking Debt Restructurings

The Executive Board of the International Monetary Fund (IMF) endorsed today the recommendations of the IMF staff paper “Policy Reform Proposals to Promote the Fund’s Capacity to Support Countries Undertaking Debt Restructurings.” The reforms are designed to ensure a more agile approach to IMF support to countries undertaking debt restructuring while maintaining adequate safeguards for IMF financing and reinforcing the existing architecture for debt resolution.