The European Investment Bank (EIB), as a key player in international development, will be announcing a number of initiatives with its partners on the margins of the IMF/ World Bank Group annual meetings, taking place in Washington DC.
A corrigendum and a revised version of the conclusions have been published .
The Council today adopted conclusions on EU preparations for the United Nations Framework Convention on Climate Change (UNFCCC) meetings in Santiago de Chile (2-13 December 2019).
A summary of the hearing is now available.
This OECD annual event convenes leading actors across the green finance community to help catalyse and support the transition to a green, low-emissions and climate-resilient global economy. The agenda includes a High-Level Session on Sustainable Finance Initiatives, a session on Sustainable Finance Taxonomies and a panel on-going developments in climate-related disclosure and explore the role of financial regulators and supervisors.
During the 74th session of the UN General Assembly, the European Investment Bank (EIB) President Werner Hoyer has presented the strengthened ambition for climate action of the EU Bank. Speaking in New York City on the margins of the UN Climate Action summit, at an event organised by Project Syndicate and Barron’s, EIB President Werner Hoyer said: “The EIB has been at the forefront of the fight against the climate emergency, in line with the EU’s leading role. Our experience gives us the confidence that we can do even more. We know we can set ourselves increasingly ambitious goals and deliver on them.”
EU Commissioner for Climate Action and Energy Miguel Arias Cañete and China’s Special Representative on Climate Change Xie Zhenhua welcomed the successful outcome of the UN Climate Action Summit and thanked UN Secretary-General António Guterres for his outstanding commitment to ambitious global climate action.
Below you can find the press releases on UN Climate Action Summit from EU agencies and institutions. The post will be updated throughout the day as more press releases are published.
ING and the European Investment Bank (EIB) are making EUR 400 million available for investments by business enterprises in the Netherlands, Belgium and Luxembourg. For businesses in these countries, the EIB’s involvement means that they benefit from a lower interest rate. Loans will specifically be focused on supporting business enterprises making investments in sustainable projects.