With the European Green Deal, Europe has committed itself to a shift towards a sustainable economy and way of life. The European Investment Bank (EIB) is – for many citizens – an inconspicuous but key player in this process, and as Europe’s climate bank, it is intended to make a decisive contribution to this turnaround.
The EIB is already investing large sums in sustainable energy and mobility. But its portfolio also includes fossil fuel projects. The banking industry and financial players repeatedly criticise the EIB for its lack of innovation and willingness to take risks. Civil society sees contradictions with the goals of the Green Deal in projects such as airports, road construction or mass livestock farming. For the European Green Deal to be a success and for us to achieve the European climate targets, we need a strong and green EIB.
We are therefore very pleased that EIB President Werner Hoyer is discussing with us the role and plans of the EIB on the way to Europe’s climate neutrality.
Moreover, we have been able to win Sonia Dunlop, Senior Policy Advisor from Climate Change Think-Tank E3G, as a discussion partner. She will critically examine the role of the EIB and the Green Deal from the perspective of civil society.
Organised by Sven Giegold MEP.
Webinar held in English with simultaneous written translation into German.