In this episode of The Big Question, the European Banking Federation CEO, Wim Mijs shares his thoughts on ending fossil fuel investments and the problem with doing it too quickly.
0:00 Intro
2:15 Is the Capital Markets Union the best way to drive Europe's economy?
5:49 Why should Europeans start investing more?
9:12 Why are banks still funding fossil fuels?
11:28 How neobanks changing the banking industry?
Read the full story here: https://www.euronews.com/business/2024/08/12/cutting-oil-investments-too-fast-will-lead-to-social-unrest-bank-federation-boss-warns
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