Transforming Markets: A Development Bank for the 21st Century. a History of the Ebrd, Volume 2

The second volume of the EBRD's history covers its role in global and regional crises, investment in Turkey, the Middle East, North Africa, Greece, and Cyprus, and development of a sustainable energy business model to address climate change. It also broadens its investment criteria to support sustainable economies, aligning with the 2015 Paris Agreement and the 2030 Agenda for Sustainable Development.

\n Format: Paperback / softback
\n Length: 496 pages
\n Publication date: 15 December 2021
\n Publisher: Central European University Press
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The European Bank for Reconstruction and Development (EBRD) has played a pivotal role in shaping the global financial landscape. In its second volume, titled "Transforming Markets," the Bank's history is explored in depth, tracing its journey from a modest institution to an indispensable player in international finance.

The book delves into the Bank's response to global and regional crises, its expansion into new markets, and the challenges it faced along the way. It highlights the Bank's role as an investor in countries such as Turkey, the Middle East, North Africa, Greece, and Cyprus, contributing to their economic development and stability.

Furthermore, "Transforming Markets" examines the EBRD's efforts to address climate change. Recognizing the urgent need for sustainable solutions, the Bank developed a sustainable energy business model that collaborates with the private sector to promote clean and renewable energy sources. This approach aligns with the goals of the 2015 Paris Agreement and the international community's 2030 Agenda for Sustainable Development, which aims to combat climate change and promote inclusive and sustainable growth.

The book also explores how the EBRD broadened its investment criteria to support the transition towards sustainable economies. It argues that market qualities such as competitiveness, integration, resilience, governance, and inclusivity are crucial for sustainable development. By incorporating these criteria into its investment decisions, the EBRD aims to create markets that are not only profitable but also contribute to the well-being of society and the environment.

The EBRD's own transition and rich history serve as a valuable guide for building sustainable markets that can drive future growth and prosperity. The Bank's experiences and lessons learned highlight the importance of collaboration, innovation, and a commitment to sustainable development in achieving economic and social progress.

In conclusion, "Transforming Markets" provides a comprehensive and insightful account of the EBRD's history and contributions to global finance. It sheds light on the Bank's role in addressing critical challenges, such as climate change and sustainable development, and offers valuable insights into the future of international finance. The book is a must-read for policymakers, investors, and anyone interested in understanding the role of financial institutions in shaping a more sustainable and inclusive world.

\n Weight: 716g\n
Dimension: 151 x 227 x 30 (mm)\n
ISBN-13: 9789633864111\n \n