The European Investment Bank, as a key player in international development, will be announcing a number of initiatives with its partners on the margins of the IMF/ World Bank Group annual meetings in Washington DC.

Among the new initiatives is EIB’s pledge that will be signed together with other financial institutions to support women’s economic empowerment on 18 October.

The EU bank, alongside the French and German development banks AFD and KFW, will also take stock of progress of the Clean Oceans Initiative, that was launched last year on the IMF/WB Group meetings, to tackle waste and plastic pollution.

“We need to all join forces to build a resilient and inclusive society that leaves no one behind. Later this week we will sign new commitments that will enable us to pursue this objective, in line with the EIB’s new ambitions for climate action and sustainable development”, said Werner Hoyer, President of the EU bank.