Discharge approved but MEPs concerned over control of EU’s recovery and resilience funds

This article is brought to you in association with the European Parliament. On Wednesday, the European Parliament approved the implementation of the EU’s 2021 budget for most of the EU institutions, except the European Council. Most of the EU’s expenditure is managed by the European Commission, whose budgetary performance was approved by the European Parliament with […]

Blended finance: How setting up a financial intermediary can accelerate sustainable development

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Labanya Prakash Jena, Regional Climate Finance Adviser Indo-Pacific Region, The Commonwealth Secretariat, Riya Saxena, Senior Associate, RMI India With the world facing major challenges such as climate change, inequality and hunger, we need sustainable development now more than ever […]

This is what happens when a bank shuts its doors

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum Here’s one certainty about banks: there seem to be fewer around these days. Commerzbank nicely captured the existential tenor of the times when it recently updated its catalogue of potential […]

Circular Plastics Alliance: 100+ signatories commit to use 10 million tons of recycled plastic in new products by 2025

This article is brought to you in association with the European Commission. Today, more than 100 public and private partners covering the whole plastics value chain will sign the declaration of the Circular Plastics Alliance, which promotes voluntary actions for a well-functioning EU market in recycled plastics. The declaration lays out how the alliance will reach […]