Multilateral financial institutions in Europe towards sustainable development requirements Cover Image

Multilateralne instytucje finansowe w Europie wobec wymagań zrównoważonego rozwoju
Multilateral financial institutions in Europe towards sustainable development requirements

Author(s): Krystyna Brzozowska
Subject(s): Economy, National Economy, Supranational / Global Economy, Financial Markets
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: multilateral financial institutions; sustainable development; loans; European Investment Bank; European Bank for Reconstruction and Development

Summary/Abstract: Sustainable development idea is commonly used not only in the activity of corporation, ecological and social organizations, but it is becoming more and more disseminated in development strategies and operational policies of the most important financial institutions, including multilateral. International financial institutions have collaborated very closely and focused their strategy of loan policies on providing sustainable development conditions. In the European Union there are two multilateral financial institutions: European Investment Bank and European Bank of Reconstruction and Development. The aim of an article is to conduct a comparative study of financial activities of both banks in the period of 2010-2014. Despite differences of the activity scale a share of each bank in pro-ecological loans financing is on similar levels nearly 30 per cent of their loan portfolios. The article draws attention to role of both banks in financing climate projects in Poland in the same period.

  • Issue Year: 2016
  • Issue No: 437
  • Page Range: 51-62
  • Page Count: 12
  • Language: Polish