In the 6th episode of the ELTI Podcastepisode of the ELTI Podcast, we catch up with Joanne De Jonge, Strategy Director of the young Dutch NPI Invest-NL.
In this edition, we speak about Invest-NL's journey, the importance of Impact Investment and briefly about what was discussed at COP26
ELTI Secretary-General, Helmut von Glasenapp participated in the European Parliament Seminar on “InvestEU & the Economy of Well-being: making the most of local know-how”, on Wednesday 4 December 2019. Hosted by Mr. Alfred Sant, Member of the European Parliament and the Steering Board for Social Infrastructure investment and co-organised together with European Association of Service Providers for Persons with Disabilities (EASPD) and the Lifelong Learning Platform, this joint event brought together the main representatives of the social services, health, education, social and affordable housing and ageing sectors at European level in order to discuss concrete plans for ensuring there is sufficient support for the development and financing of quality local social projects via the InvestEU programme.
As part of the B-DAY conference on boosting connectivity and investments, held on Tuesday 3 December 2019, ELTI was invited to speak on the panel 'Tomorrow's Connected Europe'. Secretary-General Helmut von Glasenapp presented the cooperation of NPBIs, the European Commission and the EIB in the Connecting Europe Broadband Fund. He highlighted the challenges and the need of funds for digital infrastructure in rural areas and regions, noting how digital skills and investment have to be fostered.
The seventh annual ELTI General Assembly was held at the Intercontinental Hotel in Budapest on Friday, 8 November 2019, courtesy of our Hungarian member MFB Hungarian Development Bank Plc.
On 13 November 2019, MEPs Dominique Riquet (France) and Simona Bonafé (Italy) organised a public presentation of the new "Long-term and sustainable investment" parliamentary intergroup. This event was part of the renewal of the European Parliament's Intergroup for long-term investment for the 2019-2024 parliamentary term, spearheaded by the European Long-Term Investors Association (ELTI).
The renewal campaign has many supporters, including Valdis Dombrovskis, the Executive Vice President-Designate in charge of financial services of the European Commission (under the ‘Economy that Works for People’ portfolio), along with MEPs Pascal Canfin, President of the Environment Committee, and Irene Tinagli, Chair of the Parliamentary Committee on Economic and Monetary Affairs, both of whom spoke at the event to show their support. While the European Commission has stated its ambitions of furthering ecological and energy transition as well as in the fields of digitisation and industrial policy, the renewal of this forum will mobilise the European Parliament’s financing arrangements. The final decision to renew the intergroup is expected in the month of December 2019.
In this fifth episode of the ELTI Podcast, we speak to Gaia Ghirardi, Head of Sustainability at Cassa Depositi e Prestiti (CDP).
In this edition we delve into the intricacies of Sustainable Finance, the European Green Deal and in particular: the EU Taxonomy.
As part of the European Week of Regions & Cities, between 7-10 October 2019, the European Long-Term Investors Association co-organised the session 'Financing Europe's Sustainable Energy future' on Wednesday 9 October. This discussion focused on the contribution of National Promotional Banks and Institutions (NPBIs) to the financing of sustainable development in European territories, particularly from the perspective of two ELTI members: the Bulgarian Development Bank (BDB) & MFB Hungarian Development Bank as well as the Manchester Climate Change Agency and the European Commission (DG ENER).
On Friday 1st February, over 40 representatives from over 20 different EU NPBIs, IFIs and potential implementing partners met at the ELTI Office in Brussels where they debated for over 3 hours with the European Commission and the European Investment Bank.
Discussions focused on issues which required joint action with key topics ranging from the importance of real direct access for NPBIs in reducing the gap between local projects and European finance; the role of the EIB in the Member State compartment; the specificities of the InvestEU governance structure; the division of roles within the Advisory hub; the operational definition of InvestEU additionality; the thresholds within the ‘sustainability proofing’ discussion; clarifications behind the pari-passu financial contribution method; the conditions and costs associated with a COSME-type guarantee for SME financing and the role of the EIB and EU Commission regarding access to sensitive data of various implementing partners.
This week ELTI released the latest episode of its podcast, which focused on the activities of the Hungarian Development Bank (MFB).
In this episode ELTI Secretary General Helmut von Glasenapp speaks to Csaba Harsanyi, Director of the MFB Brussels Liaison Office with the discussion focusing on the development of MFB over the last 30 years as well as its response to the covid pandemic and its outlook for the future.
Reducing the deficit of investment of social infrastructure in Europe, estimated at 100-150 billion euros per year, requires a collective response and increased mobilisation of financial resources.
This conference, taking place on 7 December 2018 will bring the main European stakeholders (European institutions, National and Local authorities, European Financial Institutions, National Promotional Banks, Social-sector providers, Private sector, and Academics) together to share ideas and experience in ways that inspire innovative solutions to Europe’s main challenge: its social cohesion.