Learn more about the EAPB’s key priorities for the new European Commission and Parliament. We champion inclusive and sustainable communities by fostering sustainable finance and supporting social projects. We aim to enhance EU economic competitiveness through a strengthened banking sector that drives growth and innovation. We are committed to streamlining regulatory processes to reduce administrative burdens in banking regulation and EU funding programs. Finally, we support initiatives that bolster defense and enhance the overall resilience of the EU.
DownloadBuilding a sustainable economy requires resilience to developments and external shocks, including environmental disasters, economic downturns, social disruptions, and climate change. The transition to a sustainable economy often requires significant upfront investments in infrastructure, technology and innovation. Promotional banks differ from normal banks in their targeted investments and their focus on social and ecological sustainability and economic development goals rather than purely financial profit maximisation: we call this impact finance.
DownloadEAPB members support the aim of the EU Taxonomy Regulation (“EU Taxonomy”) and EU Green Bond Standard (“EU GBS”), which is to direct more capital towards sustainable economic activities. Due to their specific business model, European promotional and public banks are well positioned to play a key role in a fair and social transition to a more sustainable society. This is recognized by the European Commission which stated that “National promotional banks play an important role in catalysing long-term finance” in policy areas including climate change.
European public promotional banks are key for supporting agriculture, a sector which is both suffering from climate change and making a major contribution to climate protection. Nearly 50% of our members (14/29) provide funding to farmers and more generally the agricultural sector which helps the sector undertake its transition to a more sustainable model. Agribusiness is not only of systemic importance during times of crisis but also an important problem solver in our quest for a sustainable economy and society.
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