EBRD and UK align efforts to mobilise private capital
United Kingdom, Feb. 20 -- The European Bank for Reconstruction and Development (EBRD) and the UK government are joining forces to support private capital mobilisation and stimulate growth in developing countries and the United Kingdom.EBRD President Odile Renaud-Basso and UK Chancellor of the Exchequer Rachel Reeves today welcomed UK-based businesses, insurers, financial services firms and other investors to the EBRD's headquarters in London to explore ways of increasing private investment in emerging markets.The United Nations estimates that, worldwide, there is a US$ 4 trillion annual shortfall in the financing required to achieve its Sustainable Development Goals by 2030. This gap has widened over time owing to economic slowdowns, the C...
To read the full article or to get the complete feed from this publication, please
Contact Us.