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BlackRock is now being asked to set the agenda for that debate, and will even be paid €280,000 to influence the reform agenda for the financial sector (Photo: Pixabay)

Is BlackRock setting agenda for EU climate policies?

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 ...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

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BlackRock is now being asked to set the agenda for that debate, and will even be paid €280,000 to influence the reform agenda for the financial sector (Photo: Pixabay)

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