European Investment Bank Leaders to Address Climate Crisis at United Nations and New York City Climate Week

President Werner Hoyer of the European Investment Bank (EIB) and Vice-President Ambroise Fayolle will participate in several key events during the 77th session of the United Nations General Assembly and New York City Climate Week, highlighting the urgent need for global investment in innovative green technologies and adaptation to mitigate the climate crisis. The EIB is working with governments, cities, business, civil society, and the financial community to accelerate the green transformation globally. President Hoyer will deliver a speech on the challenges and solutions to address the global energy and climate crisis, emphasizing the need for a global just transition that prioritizes vulnerable countries and communities. Vice-President Fayolle will participate in discussions on financing biodiversity and nature conservation projects, as well as the EIB's role in supporting green investments worldwide, with a focus on scaling up green investments in Africa.

Key Takeaways:

• EIB President Werner Hoyer emphasized the need for "gigantic investments" to overcome the climate and environmental crises, with a focus on creating global partnerships to invest in innovative green technologies and adaptation.
• The EIB is working with governments, cities, business, civil society, and the financial community globally to accelerate the green transformation.
• President Hoyer highlighted the importance of a global just transition that prioritizes vulnerable countries and communities.
• Vice-President Ambroise Fayolle discussed the EIB's new development arm, EIB Global, and its efforts to provide technical assistance and finance green projects globally, with a special focus on Africa.
• The EIB is addressing the climate crisis through various initiatives, including supporting access to education and social inclusion investments worldwide.
• President Hoyer and Vice-President Fayolle will participate in several key events during the 77th session of the United Nations General Assembly and New York City Climate Week.
• The EIB's new development arm, EIB Global, is supporting green projects globally, including in Africa, as part of the EIB's efforts to address the climate crisis.

Statistics:

• 1.5°C: The target for limiting global warming, as stated in the latest IPCC report (source: Project Syndicate).
• 14 September: The date of the live online event Forsaken Futures, where President Hoyer provided opening remarks about the challenges and solutions to address the global energy and climate crisis.
• 19 September: The date of the New York City Climate Week and the United Nations Transforming Education Summit, where President Hoyer will deliver a speech on the challenges of financing education as a common good.
• 20 September: The date of the Landmark Leaders Event for a Nature Positive World, where Vice-President Fayolle will participate in discussions on financing biodiversity and nature conservation projects.
• 21 September: The date of the World Biodiversity Summit, where President Hoyer will deliver a keynote address on the opportunities and challenges for natural capital investments.
• 22 September: The date of the Devex @UNGA 77 conversation, where Vice-President Fayolle will discuss the EIB's role in supporting green investments worldwide.

Sources:

• Project Syndicate (Forsaken Futures)
• European Investment Bank (speech by President Hoyer)
• New York City Climate Week (opening ceremony)
• United Nations Transforming Education Summit (Leaders Day)
• Landmark Leaders Event for a Nature Positive World
• World Biodiversity Summit
• Devex @UNGA 77 (conversation with Vice-President Fayolle)
• Blog post by President Hoyer (Copyright 2022 Euclid Infotech Pvt. Ltd., distributed by Contify.com)