The Parliamentary Assembly of the Council of Europe has adopted Resolution 2566, emphasizing the vital role of the Council of Europe Development Bank (CEB) in addressing social challenges across Europe, particularly in light of the recent crises such as the war in Ukraine and the climate crisis. The resolution highlights the CEB's commitment to social cohesion through investments in infrastructure, housing, and support for vulnerable populations, including migrants and refugees. It encourages member states to enhance their participation in the bank, particularly in capital increases, and to mobilize additional resources to meet the ambitious goals outlined in the Reykjavik Declaration. The Assembly calls for the CEB to focus on local-level project implementation, strengthen partnerships with international organizations, and ensure that funded initiatives contribute to environmental sustainability and social inclusion.