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Multilateral Development Banks (MDBs) are committed to strengthening their collaboration and improving how they work as a system to deliver greater impact and scale for their membership. The Heads of MDBs Group is an informal forum for dialogue and coordination among the major MDBs. Today the CEB takes over the rotating chair of the Group for the duration of one year. “The CEB is determined to drive the MDBs Group’s vital agenda forward and contribute its own unique experience as Europe’s social development bank of choice.” Transcript: We all want a better world We all want to live in inclusive, thriving societies. We can achieve this goal by working more closely together, sharing our expertise and passion. Multilateral Development Banks are stepping up to the challenge by deepening their collaboration to deliver together, as a system. By harnessing their respective skills and knowledge, Multilateral Banks can mobilise more finance. Even more importantly, they can leverage their resources together, for greater impact for citizens, especially those who need it most. As Chair of the Group of Multilateral Development Banks for 2025, the Council of Europe Development Bank is determined to drive this vital agenda forward and contribute its own unique experience as Europe’s social development bank of choice.