New Commission boss pledges €1tr of sustainable finance

After her narrowly passed confirmation vote in the European Parliament on Tuesday evening, new European Commission head Ursula von der Leyen is set to establish a sustainable investment plan and to green the European Investment Bank.
“I want Europe to become the first climate-neutral continent in the world by 2050,” said von der Leyen in a speech delivered on Tuesday morning at the parliament. “This increase of ambition will need investment on a major scale. Public money will not be enough. I
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