Recently, the European Commission selected BlackRock, one of the most powerful financial companies, which manages over €6 trillion in assets, and known to be a key investor in fossil fuels, to provide paid advice on the integration of social and environmental objectives into European banking regulation. Not a good match.
Given the prominent role expected from private finance in the European Green Deal, we seem to be off to a bad start.\n ...
Back our independent journalism by becoming a supporting member
Already a member? Login hereKenneth Haar is a member of the Change Finance coalition and researcher at Corporate Europe Observatory.
Kenneth Haar is a member of the Change Finance coalition and researcher at Corporate Europe Observatory.