ESA and EBRD expand Earth observation data use in development finance
The European Space Agency (ESA) and the European Bank for Reconstruction and Development (EBRD) have signed a new cooperation agreement to increase the use of Earth observation data in development and impact finance projects. The agreement was formalised during the EBRD Annual Meeting in Riga, Latvia, on 6 June, with the partnership building on nearly two years of exploratory work between the organisations, including pilot activities linked to the EBRD Green Cities programme. By combining satellite-derived insights with development financing initiatives, both institutions aim to improve project planning, implementation and long-term outcomes. The expected result is greater integration of space-based technologies into sustainable development programmes, enabling more accurate monitoring, stronger decision-making and enhanced measurement of environmental and social impacts. Commenting on the collaboration, Simonetta Cheli, ESA’s Director of Earth Observation Programmes, said: “This partnership with the EBRD reflects the strength of European cooperation in addressing global challenges. “By working together, we can further unlock the potential of Earth observation data and services, ensuring they are fully integrated into development initiatives that deliver real-world impact. “ESA’s …







