In this interview, Nancy Saich, EIB’s chief climate change expert, discusses what Paris alignment means in practice for the bank and its clients, as well as the importance of the EU Taxonomy in facilitating the mobilisation of hundreds of billions of euros to support the transition, and the potential for the Taxonomy to be expanded to include definitions of activities that cause significant environmental harm.
More information on the EIB's PATH Framework - supporting its counterparties in their alignment with the Paris Agreement - can be found here.