International development finance as statecraft: Measurable, mission-driven and geopolitically intelligent
- Özge İskit

- Oct 20
- 2 min read

With over two decades of experience at the intersection of strategy, governance and international development, advising the European Investment Bank, United Nations and multiple UK and EU institutions, I have had a front-row seat to how multilateral systems evolve under pressure.
When a multilateral institution like the EIB Global publishes a refreshed strategic orientation, it’s more than just institutional signalling. It offers a window into how Europe intends to project influence, catalyse partnerships, and address global challenges. The new EIB Global Strategic Orientation 2025–2027 is a compelling leap in that direction.
Having operated at both, design and execution of international finance strategy and governance, I offer a grounded perspective on what makes the EIB’s new strategic direction both, timely and transformational.
Key strategic shifts:
From donor to partner: “Win-win” is the new baseline. The European Investment Bank aims to structure its engagement in such a way that the EU and partner countries both benefit economically, socially and strategically. This means moving away from the “aid mindset” and aligning with the locally rooted, co-development models.
Sharper sectoral focus around nine priorities: A pragmatic approach to focus on fewer but more deeply resourced domains: Clean energy, transport & connectivity, digital inclusion, water, health, human development, agriculture/food security, critical raw materials and private sector development.
More competitive, flexible financial tools: Moving towards results-based lending, local currency financing, enhanced technical assistance and risk calibration.
Operational discipline and efficiency: A push to streamline mandates, accelerate time to market, integrate across the EIB Group, and increase capital efficiency. Integration of governance, transparency, and capacity-building in fragile environments to enhance systemic resilience.
Geopolitics: Development doesn't happen in a vacuum. Therefore, multipolar shifts and constraints on traditional development finance have shaped EIB’s new positioning.
Visibility, narrative and alignment with European identity: Narratives matter. Perception, legitimacy and soft power will come with EU's increased visibility in partner countries.
By embedding strategic selectivity, operational agility, and value-based governance, EIB Global can act as Europe’s strategic integrator of finance, policy, and partnership. This is development finance as statecraft. It's measurable, mission-driven and geopolitically intelligent.


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