News
CEB hosts MDB chief risk and finance officers in Paris to advance system-wide collaboration
19 June 2025
PARIS – The Council of Europe Development Bank (CEB) is hosting this year’s meeting of the Multilateral Development Banks’ Global Risk and Finance Forum (GRaFF), at its headquarters, on 19-20 June. The gathering, which is being held under the CEB’s 2025 Chair of the Heads of MDBs Group role, brings together risk and finance decision makers from across the MDB system.
Focusing on strengthening coordination, the two-day event reflects the growing commitment of MDBs to work more effectively as a system, which encompasses deepening operational collaboration, advancing joint implementation of the G20 Roadmap towards Better, Bigger, and More Effective MDBs, and delivering greater impact for members.
Chief Risks and Finance Officers are exchanging views on strategic risk management priorities and advancing progress on comparative risk and finance assessments. They are taking stock of the implementation the recommendations of the G20 Capital Adequacy Framework Review and considering how to enhance engagement with the G20. They are also exploring joint approaches to engaging with credit rating agencies, looking ahead to the announced updates to Standard and Poor’s methodology for supranational entities.
“This meeting is about harnessing the collective expertise of MDBs to reinforce the financial resilience and operational alignment across the system,” said Rafael Ruisanchez, CEB’s Chief Risk Officer. “As Chair of the Heads of MDBs Group in 2025, the CEB is committed to facilitating deeper coordination across our community, in support of our member countries and the Sustainable Development Goals.”
The GRaFF meeting is part of a series of meetings and exchanges of views convened by the CEB in 2025 to support MDB system-wide collaboration for increased impact. The CEB will also host the next Heads of MDBs Group meeting in Paris, on 28 June, ahead of the UN summit on Financing for Development in Sevilla, Spain.
The Council of Europe Development Bank (CEB) is a multilateral development bank with an exclusively social mandate from its 43 member countries. The CEB finances investment and provides technical assistance in social sectors such as education, health and affordable housing, while focusing on the needs of vulnerable people, as well as on the social dimensions of climate change and the environment. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. The CEB, which has a triple-A credit rating, funds itself through international capital markets. In addition, the CEB receives funds from donors to complement its activities.