CEB - Council of Europe Development Bank

12/04/2025 | Press release | Distributed by Public on 12/04/2025 03:53

Sciences Po and CEB announce strategic partnership on international finance and sovereign debt

PARIS - Sciences Po and the Council of Europe Development Bank (CEB) announced a partnership designed to maximise their complementary expertise in international finance and sovereign debt with a focus on social cohesion in the form of training, capacity building and cooperation.

As Europe's social development bank with nearly 70 years of operational experience promoting social cohesion, the CEB is committed alongside Sciences Po to enhancing research, dialogue, and learning on sovereign financing issues and international financial architecture. This includes supporting the development of the Sovereign Debt and Finance Chair, which is affiliated with Sciences Po's Paris School of International Affairs (PSIA) and the Economics Department.

Working with the CEB and other strategic partners with complementary expertise, the Chair will advance research, deliver educational programs and facilitate events addressing complex and strategic topics such as debt sustainability, improving debt transparency and managing sovereign debt crises.

Arancha Gonzalez, Dean of PSIA, stated:
"The Council of Europe Development Bank's support is a strong reflection of Sciences Po's expertise in sovereign debt and international finance. It demonstrates our common commitment to ensuring that this new Chair will become the leading academic reference point in France for issues relating to these areas. This collaboration will enhance our ability to develop innovative solutions and public policies to address global financial challenges."

Governor Carlo Monticelli stated:
"The CEB is proud to work alongside Sciences Po in strengthening research and dialogue on sovereign debt and international finance. Together, we aim to deepen understanding of these areas of work in ways that ultimately enhance social cohesion and support more inclusive and sustainable societies."

This new partnership will also explore opportunities for further collaboration such as internships for PSIA students, coordinated academic events and research cooperation.

CEB's support follows that of Lazard, which became a strategic partner to the Chair earlier this year. Additional partners with complementary expertise will soon contribute to support the Chair.

For more insights, listen to the CEB's Governor Carlo Monticelli speak with Chair of Sovereign Debt and Finance, Paola Subacchi, on the latest edition of DebtTalks, the Chair's podcast. Finance for social good: The role of the Council of Europe Development Bank.

The Council of Europe Development Bank (CEB) is a multilateral development bank with an exclusively social mandate from its 43 member countries. The CEB finances investment and provides technical assistance in social sectors such as education, health and affordable housing, while focusing on the needs of vulnerable people, as well as on the social dimensions of climate change and the environment. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. The CEB, which has a triple-A credit rating, funds itself through international capital markets. In addition, the CEB receives funds from donors to complement its activities.

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