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The European Investment Bank (EIB) today released the extensive research conducted by the Vienna Initiative working group on climate change and financial stability, entitled 'Greening the financial sector: A Central, Eastern and South-Eastern European perspective'.
The report provides valuable insights and recommendations on navigating the complexities of climate-related risks and fostering sustainable financial practices across Central, Eastern, and South-Eastern Europe (CESEE). The study highlights the significant impact of limited environmental, social and governance data availability in CESEE, which reduces banks' ability to effectively manage climate risks and undermines...
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