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The European Investment Bank is preparing to launch a new entity — potentially called the European Bank for Sustainable Development — that will focus on sustainable projects outside the EU, GlobalCapital understands.
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The attempt by France to broaden the European Union’s proposed Taxonomy of Sustainable Economic Activities away from the “green niche” has made a good start. Financial officials from all the EU governments discussed the idea on Tuesday, with many member states being “very supportive”, according to sources close to the situation.
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Plans by the EBRD to enter sub-Saharan Africa have been criticised by delegates at the annual meeting for taking on more responsibilities at a time when they have not completed their tasks in their original areas of operation
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Santander’s head of continental European private placement origination has left the bank after nearly 13 years with the firm, but only the last five months in that role.
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Deutsche Bank has appointed Frazer Ross as its head of European flow syndicate, adding responsibility for the SSA syndicate business to his existing oversight of the corporate, financials, emerging markets and EMTNs syndicate.
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The UK’s so far quixotic response to climate change stands a good chance of becoming more serious and organised, after the government welcomed a bold policy report calling for net zero carbon emissions by 2050.