EBRD commits to 50% green investment policy
Three candidates from European finance ministries compete to become bank’s next president
The European Bank on Reconstruction and Development will ask its members to back a plan making at least 50% of its investments green by 2025.
The EBRD said it will ask its shareholder countries to back the green investment plan at its annual meeting on October 7 and 8. It said its board of governors will elect a new president at the meeting. The bank’s leadership will also ask shareholders whether it should expand its activities into Iraq and sub-Saharan Africa.
The bank was established in
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