COVID-19
Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course
Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 – bringing a peak in consumption into view this…
New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?
Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times of repeated shocks”, presented by the EIB’s Chief…
Why the World is Missing its Chance for Clean Energy
A green recovery from the COVID-19 pandemic would have helped countries to build back better while driving economic growth and job creation. But the latest Renewables 2022 Global Status Report paints a different picture. According to the report, the global energy transition the world had…
COVID-19 Slows Progress Towards Universal Energy Access
The COVID-19 pandemic has been a key factor in slowing progress toward universal energy access. Globally, 733 million people still have no access to electricity, and 2.4 billion people still cook using fuels detrimental to their health and the environment.…
EBRD Supports Critical Infrastructure in Zagreb with EUR 50 million Loan
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 50 million loan to the City of Zagreb, the capital of Croatia and its largest city, to support its vital public utilities, including water and transport. The EBRD’s…
The UN Biodiversity Conference: The Road to a Bold New Agreement for Nature
Healthy, biodiverse ecosystems sustain life on Earth by providing air, water and other essential elements. From forests to farmlands to oceans, the planet’s ecosystems are the basis of resources, services and industries. Despite the value nature provides, it is being…
How Quickly is Tourism Recovering From COVID-19?
Tourism was hit particularly hard by the pandemic, as lockdowns restricted people to travelling around their homes and neighbourhoods rather than around the world. But there are now signs that tourist numbers are starting to recover as limitations on movement…