Mylonas (NBG): Banks alone cannot guarantee the success of green transition

The issue of the cost of the green transition, as it is shaping up for Europe and Greece, within a fragmented international environment, was highlighted by Pavlos Mylonas, CEO of the National Bank of Greece (NBG), in his statement at the Economist Sustainability Summit.In the panel entitled “Green trade wars: is global climate co-operation collapsing?”, Mylonas estimated that European banks will continue to play their role in financing sustainable investments.