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Full Description
The second volume of the history of the European Bank for Reconstruction and Development (EBRD) takes up the story of how the Bank has become an indispensable part of the international financial architecture. It tracks the rollercoaster ride during this period, including the Bank's crucial coordinating role in response to global and regional crises, the calls for its presence as an investor in Turkey, the Middle East and North Africa and later Greece and Cyprus, as well as the consequences of conflicts within its original region. It shows how in face of the growing threat of global warming the EBRD, working mainly with the private sector, developed a sustainable energy business model to tackle climate change.
Transforming Markets also examines how the EBRD broadened its investment criteria, arguing that transition towards sustainable economies requires market qualities that are not only competitive and integrated but which are also resilient, well-governed, green and more inclusive. This approach aligned with the 2015 Paris Agreement and the international community's 2030 Agenda for Sustainable Development, with its core set of 17 sustainable development goals. The story of the EBRD's own transition and rich history provides a route map for building the sustainable markets necessary for future growth and prosperity.
Contents
List of Abbreviations, Acknowledgments, Foreword Odile Renaud-Basso, President of the EBRD Preface PART I. AN EVOLVING LANDSCAPE Chapter 1. Pivot to Turkey Chapter 2. Markets in Crisis Chapter 3. Arab Spring Chapter 4. Operations in Greece and Cyprus Chapter 5. Geopolitical Tensions PART II. TOWARDS SUSTAINABLE MARKET ECONOMIES Chapter 6. Rethinking Transition Chapter 7. Equality of Opportunity Chapter 8. Supporting Resilience and Good Governance Chapter 9. A Better Climate PART III. THE ROLE OF THE EBRD Chapter 10. The EBRD after 30 Years Photos, Index
