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Banks increasingly focused on green investments

22:20

Banks increasingly focused on green investments
Jerzy Kwieciński, source: Newseria

The following years of the new EU financial perspective will be marked by green investments. One-third of European funds are to be allocated to goals related to climate policy. However, EU funds and public money will not be enough to implement the huge undertaking of green transformation.

"Market money is needed and financial resources from financial institutions such as banks will flow," Jerzy Kwieciński, vice president of the management board of Bank Pekao SA, said.

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