EBRD commits to 50% green investment policy

europe

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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