ESA and EBRD to advance Earth observation for development and impact finance
The European Space Agency (ESA) and the European Bank for Reconstruction and Development (EBRD) have signed an agreement to enhance the use of Earth observation data in development and impact finance initiatives. The collaboration, following two years of pilot projects, aims to improve the efficiency and effectiveness of development efforts through satellite data and services. The partnership will focus on areas such as research, product development, monitoring, and capacity building to support sustainable development. This cooperation is expected to strengthen the application of Earth observation for addressing global challenges and promoting inclusive growth.
The European Space Agency (ESA) and the European Bank for Reconstruction and Development (EBRD) signed an agreement to use Earth observation data for development and impact finance projects.
This partnership aims to improve the efficiency and impact of development efforts by integrating satellite data into projects related to climate, infrastructure, and agriculture.
The collaboration supports sustainable development by using space-based knowledge to create actionable insights that benefit communities and environments globally.
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