The United Nations Development Programme (UNDP), the World Health Organisation (WHO), the Food and Agriculture Organisation (FAO), the United Nations Office for Project Services (UNOPS) and the International Organisation for Migration (IOM) are the five UN institutions that will help the EIB get projects off the ground and deliver its support more quickly and effectively.
More specifically, UN institutions will cooperate with the EIB Global, which is the EIB Group’s specialised arm dedicated to increasing the impact of international partnerships and development finance.
Projects outside the European Union often require technical assistance to meet international standards. Thanks to this agreement, the EU bank will be able to benefit from the global presence, network and technical expertise of the UN family and enables it to work with regional and local clients that it would otherwise not have access to.
The EIB has already worked with UN agencies in the past.
