EU must establish development bank to reinforce its global financing activities

The Covid-19 crisis has derailed global development goals and could push 100m additional people globally into extreme poverty.

With nationalist tendencies currently resurgent around the world, Europe can and must place itself at the forefront of the issues that matter most. 

From promoting trade and human rights to mitigating disease and climate change, Europe can be a global beacon, fostering the kind of multilateralism that is at the heart of the European Union.