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EIB President Werner Hoyer participated in the Ministerial meeting organized by the Coalition of Finance Ministers for Climate Action (CFMCA) during COP28, on 4 December.
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Raising the ambition. That's what success at COP28 means for Werner Hoyer. In this conversation at the climate conference in Dubai, the president of the European Investment Bank stresses the need for governments and institutions to raise their level of ambition, including through the phase out of fossil fuels, as the only way to meet the challenges of climate change. He believes that becoming the climate bank of the EU, and setting up EIB Global, has positioned the EIB as a real game changer in the face of the climate emergency.
EIB President Werner Hoyer explains why he thinks the awareness around climate action is growing and highlights the need to act urgently. He also stresses the importance to "bring the word partnership to life" when working with African counterparts.
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