Development banks are an essential contributor to economic health and in some instances to social well-being. Dr. Rolf Wenzel, Governor of the Council of Europe Development Bank, describes CEB’s unique mandate to strengthen the social cohesion of its 41 member states, a mission that began in response to the Second World War but seems as critical today as Europe grapples with issues such as the migrant crisis.
Like good wine, some historic places just get better with age—and the City of Lights is one of them. Paris, France, offers unmatchable culture, but for the real-estate investor, the city also provides the opportunity to make an investment that will only grow in value over time; in this feature, a few available luxury properties are showcased.
The Paris Agreement has been touted as the antidote to global warming; with countries agreeing to jointly reduce greenhouse-gas emissions, climate change will be dealt a severe blow. But the success of the treaty rests largely with individual nations and how successful they are in implementing policies for the short- and long-term.