COP26 Conversations — Nancy Saich, EIB’s chief climate change expert

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The European Investment Bank has been so-called Paris aligned since the beginning of this year and plans to take a further step in implementing a new regime to ensure its counterparties are similarly aligned with the goals of the Paris Agreement.

In this interview, Nancy Saich, EIB’s chief climate change expert, discusses what Paris alignment means in practice for the bank and its clients, as well as the importance of the EU Taxonomy in facilitating the mobilisation of hundreds of billions of euros to support the transition, and the potential for the Taxonomy to be expanded to include definitions of activities that cause significant environmental harm.

More information on the EIB's PATH Framework - supporting its counterparties in their alignment with the Paris Agreement - can be found here.



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