EIB Group - Task Force on Climate-related - Financial Disclosures (TCFD) Report 2020

The European Investment Bank Group is one of the world’s main financiers of climate action and the leading issuer of green bonds. As the EU climate bank, and in line with the high ambitions of the European Union in this field, we support the implementation of the Paris Agreement.

The Intergovernmental Panel on Climate Change (IPCC) considers the coming years as the “critical decade” to meet the long-term temperature and climate resilience goals of the Paris Agreement, and to address the environmental crisis. Through the European Green Deal, the European Union has become the first region to endorse climate neutrality by 2050 and reducing emissions by at least 55% by 2030.