Position papers
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EAPB position on future of cohesion
Development, State aid 28 October 2024EAPB is pleased to be able to give our comments for the further improvement of economic cohesion of the current framework and the future of Cohesion Policy for the upcoming programming period of 2028 - 2034. EAPB member organizations have been key actors in the precedent programming period (2014 –2020), having been involved in the implementation of the ERDF (10 members), the ESF (7 members), cohesion funding (3 members) as well as the EAFRD (6 members).
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Key priorities of EAPB for new EC and EP mandate
Banking supervision, Capital markets, Development, State aid, Sustainable finance 10 October 2024Learn 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.
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Joint paper on the social investment framework
Sustainable finance 7 October 2024Public banks, alongside the European Association of Public Banks (EAPB), are calling on the European Commission to accelerate change by introducing a Social Investment Framework. As we face urgent challenges – from the green transition to a growing housing crisis – there is a compelling need for more investment in social infrastructure. The estimated investment gap is a staggering EUR 1.5 trillion (2018-2030).
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Position paper on the role of promotional banks in the transition
Banking supervision, Sustainable finance 18 September 2024Building 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.
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Position paper on taxonomy and green bonds - amendments following EC notice
3 September 2024EAPB 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.
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