[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111752-en":3,"doc-seo-111752-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":11},111752,687197207057,"Sage","https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0",8,"Research & Report","Statement by Carlo Monticelli - 110th Meeting of the Development Committee - October 25, 2024","Statement by Carlo Monticelli, Governor of the Council of Europe Development Bank, to the 110th Meeting of the Development Committee on October 25, 2024. The statement highlights the CEB’s efforts to become more “fit for purpose,” strengthen MDB collaboration, and support progress toward the 2030 Sustainable Development Goals through joint financing and global public goods. It outlines priorities for 2025, major upcoming financing milestones, and CEB’s evolving delivery in Europe, including Ukraine initiatives, emergency responses, and Social Inclusion Bond issuance to scale social impact.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \non the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND TENTH MEETING WASHINGTON, DC – OCTOBER 25, 2024  \nDC/S/2024-0043 October 25, 2024  \nStatement by  \nCarlo Monticelli Governor  \nCouncil of Europe Development Bank  \nStatement by  \nCarlo Monticelli  \nGovernor  \nCouncil of Europe Development Bank  \n110th Meeting of the Development Committee  \nOctober 25, 2024  \nWashington, DC  \nThe CEB welcomes the World Bank’s ambition to be “future ready,” embracing a bolder and more adaptable approach to meeting its clients’ needs. The CEB is also undertaking efforts to become even more fit for purpose. With the support of its 43 shareholders and guided by its Strategic Framework 2023- 2027, the CEB has been swiftly adapting operations to address Europe’s complex and intertwined development needs while remaining true to its core mandate: fostering social cohesion and serving the most vulnerable.  \nMDB collaboration reached new heights in 2024  \nThe past year has been a momentous one for MDBs in terms of the progress made individually and together as a system to deepen collaboration for greater impact and scale for the benefit of the regions we serve. We have acted strategically and selectively about when and how we work together, and this has already produced tangible results. For instance, by increasing mutual reliance on procurement practices, we have facilitated the joint-financing of investment projects to the benefit of our clients.  \nThis has enabled us to better support countries in their pursuit of the 2030 Sustainable Development Goals (SDGs), while also fulfilling the increasingly important role of MDBs in financing global public goods.  \nThe CEB therefore welcomes the special attention paid in the “2024 Update Report to Governors – A Future-Ready World Bank Group” to the objective of further deepening partnerships with organisations, including regional MDBs such as the CEB, in line with the recommendations of the G20 “Roadmap Towards Better, Bigger and More Effective MDBs”.  \nThe G20's active engagement in the MDB reform agenda continues to play an important role in giving impetus to this process, providing valuable guidance as we strive to maximise our impact and build on progress made.  \nBuilding on this success through 2025 is paramount  \nThe enhanced collaboration among MDBs is here to stay, and the CEB is pleased to carry the momentum forward as it assumes the chairmanship of the Group of Heads of MDBs in 2025.  \nLooking ahead, the stakes remain high, particularly when considering the unmet financing needs for achieving the SDGs and addressing climate action, which are estimated to run into the trillions of dollars annually. The Fourth International Conference on Financing for Development – to be held in Seville, Spain, in June 2025 – is a key opportunity to reach consensus atthe highest political level on the necessary actions to accelerate the implementation of the SDGs.  \nTime is running out; 2030 is tomorrow. The economic and social cost of inaction would far exceed the costs of meeting these investment needs. Not doing so could not only hinder future progress but potentially derail the progress achieved so far. And of course, the vulnerable members of society would suffer most.  \nThe MDBs, by leveraging their individual mandates and collective strengths as well as their partnerships with other development actors, can play a unique role in accelerating investments in sustainable development.  \nThe CEB is evolving to meet Europe’s social needs  \nThe CEB is actively delivering on the commitments of its Strategic Framework 2023-2027, despite a challenging international environment. The Framework was strengthened by CEB shareholders’ recent approval of the Bank’s first-ever capital increase with paid-in capital of up to €1.2 billion,","cbCaiiLrBXmhOSdq","https://ap.wps.com/l/cbCaiiLrBXmhOSdq","pdf",147047,1,3,"English","en",105,"# MDB collaboration and impact\n## Joint financing and support for SDGs\n## Guidance from the G20 reform agenda\n# 2025 outlook and financing priorities\n## Unmet needs for SDGs and climate action\n## Fourth International Conference on Financing for Development\n# CEB strategy and evolving delivery in Europe\n## Strategic Framework 2023-2027 and capital increase\n## Ukraine, disaster response, and project approvals\n# Funding approach and Social Inclusion Bonds\n## Growth in Social Inclusion Bond issuance\n# Role within the MDB system","[{\"question\":\"What does the statement say about improving the CEB’s effectiveness?\",\"answer\":\"It emphasizes adapting operations to become “more fit for purpose,” guided by its Strategic Framework 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