Capital markets union and sustainable infrastructure vital for green recovery
Wednesday 16 June 2021 – Vol.12 Ed.24.3
Commentary: Help us help Europe’s recovery, bank leaders tell policy-makers
By Clive Horwood in London
Two of Europe’s most influential bankers sent a stark message to politicians and regulators during an OMFIF event on 15 June. Jean Lemierre, chairman of BNP Paribas, and Christian Sewing, chief executive officer of Deutsche Bank, said their banks and the industry as a whole were ready to assist in Europe’s recovery from Covid-19. But their ability to do so remains constrained by a lack of progress on crucial issues such as capital markets and banking union.
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Commentary: How to close the sustainable infrastructure gap
By Rudi Lang and Benjamin Taylor in London
Infrastructure is of paramount importance to global economic development and sustainability. It underpins access to essential goods and services and will enable vulnerable countries to adapt to climate change risks. Infrastructure investment is also a priority for governments looking to ‘build back better’ after Covid-19. In the years to come, there will be a proliferation of projects in need of private capital. With the right incentives, they can be both bankable and sustainable.
Read the full commentary on the website.