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    • Devex Invested

    Devex Invested: As the year ends, a new boss at EIB

    Nadia Calviño to take over the helms of the European Investment Bank early next year, EBRD’s energy strategy, and some end-of-year reflections on development finance.

    By Adva Saldinger, Vince Chadwick // 19 December 2023

    It has been a busy year for development finance — marked in large part by a push to expand multilateral banks and increase their focus on climate.

    We’ve also seen turbulence within some DFIs, and growth and change at others. There have been some new corporate-led initiatives, shifts in the impact investing landscape, and progress around metrics for mainstream finance. But there are also questions about accountability and strategy — and whether promises will amount to different outcomes.

    These are some of the issues we’re thinking about as we write this final edition of Invested for the year. We’re taking a break next week but will be back in your inbox on Jan. 2. In the meantime, thanks for reading, and if you want to test your knowledge, take our quiz on the top stories we have been following.

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    About the authors

    • Adva Saldinger

      Adva Saldinger@AdvaSal

      Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
    • Vince Chadwick

      Vince Chadwickvchadw

      Vince Chadwick is a contributing reporter at Devex. A law graduate from Melbourne, Australia, he was social affairs reporter for The Age newspaper, before covering breaking news, the arts, and public policy across Europe, including as a reporter and editor at POLITICO Europe. He was long-listed for International Journalist of the Year at the 2023 One World Media Awards.

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