Abstract :
[en] This article investigates how the European Investment Bank (EIB) influenced EU policymaking by promoting Green Bonds as an asset class. The article argues that the EIB has been instrumental in formulating the EU’s recently agreed Green Bond Standard. The EIB’s expertise and successful coalition building later allowed it to put Green Bonds on the EU’s policy agenda and develop a blueprint for the EU’s rules. The article concludes by drawing implications about the conditions under which the EIB might be able to engage in policy entrepreneurship more generally.
Funding text :
The work was supported by the\u00A0Fonds National de la Recherche Luxembourg [INTER/UKRI/21/15560511/BankEU]. The author would like to thank the participants at the Political Science PhD colloquium at the University of Luxembourg, especially Susana Teixeira de Matos Rosa and Helen Kavvadia, as well as the editors of the special issue and the anonymous reviewers for their comments and suggestions.
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