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EU banks call for green-lending capital relief

By Jack Schickler ( December 9, 2019, 06:00 GMT | Insight) -- EU banks’ loans to environmentally friendly projects should have lower capital requirements, the EU banking sector has said. The European Banking Federation also called for subsidies and tax breaks so the financial sector can help to cut greenhouse-gas emissions, in a week where world leaders are gathering in Madrid to discuss how to bolster global carbon markets.EU banks’ loans to environmentally friendly projects should have lower capital requirements, the EU banking sector has said. ...

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