A Memorandum of Understanding (MOU) has been signed by the Governor of the JBIC with the European Bank for Reconstruction and Development (RBRD).  This will strengthen co-operation in promoting environmental issues, preservation and innovation. 

JBIC has been consistently promoting initiatives that benefit the environment including setting up the Global Facility to Promote Quality Infrastructure Investment for Environmental Preservation and Sustainable Growth (QI-ESG) in 2018.  Green investment is a key consideration for the EBRD which aims to increase the total commitment to around 40%  in 2020.  The JBIC has been investing in central and eastern Europe, North Africa and Central Asia to support environmental projects and provide technical assistance and the MOU will strengthen their activities.

Other areas where the JBIC and the EBRD have mutually supportive strategies include the expansion of business innovation and the incorporation of innovations from overseas.  JBIC aims to continue to support the creation of new business opportunities for Japanese companies overseas and to build upon the existing collaboration with international financial bodies.