The New Zealand Government has announced a $62.5 million investment to build new classrooms and upgrade existing school facilities across the South Island, aiming to address growing student populations and improve learning environments. The funding package will deliver 59 additional classrooms across multiple regions, with a significant share allocated to Canterbury, where rapid housing development… [Read More]
Japan and FAO Launch $1.33M Fisheries Recovery Project in Sri Lanka’s East
Colombo — June 8, 2026 — Japan and the Food and Agriculture Organization of the United Nations (FAO), in partnership with the Government of Sri Lanka, have launched a USD 1.33 million initiative to restore fisheries and rebuild livelihoods in the Eastern Province following the devastation caused by Cyclone Ditwah earlier this year. The project, running from… [Read More]
EBRD and EU Boost Youth Entrepreneurship in Mongolia with $80 Million Financing
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), is expanding support for youth-led businesses in Mongolia through a new financing facility worth up to $80 million for XacBank, one of the country’s leading financial institutions. The initiative is designed to strengthen access to finance for young entrepreneurs and… [Read More]
CAR Secures $90M World Bank Grant for Roads and Energy
Bangui — June 5, 2026 — The Central African Republic (CAR) has secured a $90 million grant from the World Bank to finance critical road and energy infrastructure projects, marking a major step in boosting connectivity, electricity access, and economic growth. The funding will support the Bangui-Gara-Mboulaï corridor, a vital trade route linking CAR’s capital to Cameroon… [Read More]
EBRD and EU Expand SME Go Green Programme to Accelerate Green Investment in Western Balkans
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), has expanded its SME Go Green Programme to increase access to green finance for small and medium-sized enterprises across the Western Balkans. The initiative aims to support sustainable business growth while accelerating the region’s transition to a low-carbon economy. The… [Read More]
EBRD Expands Trade and Green Finance Support in Kyrgyz Republic with $25 Million Package
The European Bank for Reconstruction and Development (EBRD) has announced a new financing package of up to $25 million for Demir Kyrgyz International Bank to strengthen trade, promote green investment, and support business growth in the Kyrgyz Republic. The initiative aims to enhance economic resilience while addressing climate-related challenges facing the country. The funding package… [Read More]
From Field to Digital Platform: Armenia Builds Biodiversity Data Skills
Yerevan — June 5, 2026 — In celebration of International Biodiversity Day, a two-day intensive training series titled From Field to Digital Platform: Biodiversity Data Management was held on May 26–27. Organized by the UNDP BES-Net Armenia project in cooperation with the RA Ministry of Environment, the training aimed to strengthen biodiversity data knowledge and management skills… [Read More]
EBRD Provides $15 Million to Boost Green Finance and Women’s Entrepreneurship in Tajikistan
The European Bank for Reconstruction and Development (EBRD) is providing up to $15 million in financing to two Tajik banks, the Investment and Credit Bank of Tajikistan (ICB) and Bank Arvand, to expand access to green finance and support women-led businesses. The initiative aims to strengthen financial inclusion while promoting climate resilience and sustainable economic… [Read More]
Bhutan’s National Waste Survey Highlights Urgent Need for Stronger Management
Thimphu — June 5, 2026 — Bhutan has released the findings of its National Waste Inventory Survey 2025, providing the most comprehensive data yet to guide waste policy, infrastructure planning, and investment. The survey reveals that daily waste output has surged to 240,940 kilograms, a 40 percent increase since 2019, underscoring the urgency of strengthening waste management… [Read More]
EBRD Provides €95 Million Loan to Rebuild Water Infrastructure in Earthquake-Hit Malatya
The European Bank for Reconstruction and Development (EBRD) has approved a sovereign loan of up to €95 million to rehabilitate and modernize water supply, wastewater, and stormwater systems in Malatya, Türkiye. The investment aims to restore essential municipal services severely damaged during the February 2023 earthquakes while strengthening the city’s long-term resilience. The financing will… [Read More]
Ocean Plastic Pollution Continues to Rise, UN Warns Ahead of World Ocean Day 2026
Plastic pollution in the world’s oceans is increasing at an alarming rate, posing severe risks to marine ecosystems, human health, and global economies, according to a new analysis highlighted by the United Nations ahead of World Ocean Day 2026. Despite growing awareness, scientists warn that the scale of the problem continues to expand due to… [Read More]
UNDP and IMF-CEF Launch Training on Sovereign Thematic Bonds and Sukuk
June 7, 2026 — Virtual Programme — The United Nations Development Programme (UNDP) and the International Monetary Fund Middle East Center for Economics and Finance (IMF-CEF) have launched a new regional training programme to explore how sovereign thematic bonds and sukuk can help governments finance national priorities and long-term development goals. The initiative convened government officials from… [Read More]
EBRD and Japan Launch $1 Billion Local Currency Financing Facility to Boost Economic Resilience
The European Bank for Reconstruction and Development (EBRD) and the Japan International Cooperation Agency (JICA) have launched a new financing facility of up to US$ 1 billion aimed at expanding local currency lending across the EBRD’s regions. The initiative was officially announced during the EBRD 2026 Annual Meeting and Business Forum in Riga. The new… [Read More]
EBRD Provides €10 Million Loan to Modernise Pharmaceutical Logistics in Georgia
The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan for Aversi Pharma, one of Georgia’s leading pharmaceutical and healthcare companies, to modernise and automate its central warehouse in Tbilisi. The investment is aimed at strengthening the country’s pharmaceutical supply chain while improving energy efficiency and operational competitiveness. The project will… [Read More]
Women Peacebuilders Connect Across Bougainville and the Highlands
Port Moresby — June 8, 2026 — More than 30 women leaders from Papua New Guinea’s Highlands region and the Autonomous Region of Bougainville gathered in Port Moresby for a three-day workshop titled Women Leading Peace Training, Reflection and Peer Exchange. The event, held from June 3–5, was organized under the ‘Empower Her – Papua New Guinea… [Read More]
EBRD Governors Reaffirm Strong Focus on Ukraine and Middle East Support
The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has endorsed a renewed strategic focus on supporting Ukraine during the ongoing war and reconstruction phase, while also maintaining assistance for economies affected by the conflict in the Middle East. The resolution was adopted during the EBRD’s 2026 Annual Meeting and Business… [Read More]
EBRD and Kazakhstan Extend Five-Year Cooperation to Strengthen Investment and Economic Reform
The European Bank for Reconstruction and Development (EBRD) and the government of Kazakhstan have signed a new five-year Enhanced Partnership Framework Arrangement (EPFA) aimed at deepening cooperation and accelerating economic reforms through 2030. The agreement was formalized during the EBRD’s 2026 Annual Meeting and Business Forum in Riga. The renewed partnership builds on an earlier… [Read More]
EBRD Showcases Sustainable Cosmetics Innovation During Donor Visit in Latvia
The European Bank for Reconstruction and Development (EBRD) has highlighted the impact of its development work in Latvia through a donor visit to Selfnamed, an innovative sustainable cosmetics platform supported through EU and EBRD-backed initiatives. The visit took place during the EBRD 2026 Annual Meeting and Business Forum and aimed to demonstrate how financial and… [Read More]
Egypt Launches Red Sea Initiative to Protect Coral Reefs and Boost Blue Economy
Hurghada — June 7, 2026 — Egypt has unveiled the Egyptian Red Sea Initiative (ERSI), a landmark program designed to advance coral reef conservation and promote a sustainable blue economy. The initiative was launched during an inception workshop in Hurghada, coinciding with World Environment Day, and brings together government leaders, UNDP, the Global Fund for Coral Reefs… [Read More]
EBRD and Baltic States Strengthen Partnership to Advance Unified Pan-Baltic Capital Market
The European Bank for Reconstruction and Development (EBRD) has deepened its partnership with Estonia, Latvia, and Lithuania to accelerate the development of a unified pan-Baltic capital market. The renewed cooperation aims to strengthen regional financial integration, attract greater international investment, and support long-term economic growth across the Baltic region. The partnership was formalized through a… [Read More]
Women Leading Climate Resilience on India’s Coasts
New Delhi — June 5, 2026 — Across India’s 7,500 km coastline, women are emerging as powerful leaders in the fight against climate change. From restoring mangroves in Maharashtra to transforming paddy farming in Odisha and pioneering seaweed cultivation in Andhra Pradesh, their stories highlight how local innovation is driving resilience in vulnerable coastal communities. Through the… [Read More]
EBRD, EU and ArmSwissBank Launch $20 Million Financing Initiative for Refugees and Young Entrepreneurs in Armenia
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and ArmSwissBank, has unveiled a $20 million financing package aimed at expanding access to credit for refugees and young entrepreneurs in Armenia. The initiative seeks to support inclusive economic growth by helping underserved businesses secure the funding needed to expand… [Read More]
FAO Strengthens Tajikistan’s Pandemic Preparedness with Advanced Laboratory Equipment
The Food and Agriculture Organization of the United Nations (FAO) has delivered laboratory equipment and ELISA diagnostic kits to Tajikistan as part of efforts to strengthen the country’s pandemic preparedness, disease surveillance, and food safety monitoring systems. The support was provided to the Committee for Food Security under the Government of Tajikistan through a regional… [Read More]
