In today’s global environmental context, investment in marginal efficiency gains are dead-end street and tomorrow’s stranded assets
Hans Bruyninckx – European Environment Agency
Addressing the critical decade ahead
During the first thematic session, participants were invited to explore how the EU Climate Bank can support the European Green Deal in practice.
Civil society organisations called on the Bank to keep the momentum of the ELP public consultation to play a leading role in helping other Multilateral Development Banks, public and private banks, as well as its clients in their own transition.
They also highlighted that addressing the critical decade ahead will require going beyond climate action and the energy sector and having a comprehensive approach. The key message was that truly sustainable investments must catalyse transformative change, align with sustainability, and be socially just.