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Private Public Partnerships (PPPs) in addressing the climate change and the transformative role of Financial Technology (Fintech)

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By Efi Thoma, Lawyer, LL.B. | LL.M. | IMES Fintech plays an increasingly important role in addressing climate change, especially in the context of public-private partnerships (PPPs). These collaborations can leverage the power of technology to drive innovation in sustainable finance and environmental impact.  Below are several significant fintech-driven projects in climate-focused public-private partnerships that are shaping the future of climate action: Green Bonds and Climate Financing | Project: European Investment Bank (EIB) and Green Bond Platform EIB has partnered with fintech platforms to develop green bond issuance systems. Green bonds are a key financing mechanism for funding projects that have environmental benefits. In collaboration with fintech companies, the EIB and other financial institutions are working on improving transparency, increasing efficiency in the issuance process, and expanding the green bond market to ensure capital is directed towards...

Τhe appeal against a decision rejecting asylum and the principle of effectiveness

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Written by Giorgos Kazoleas, Lawyer in Cyprus The positive impact of the application of the principle of effectiveness reflects a significant recent ruling by the European Court of Justice (ECJ). The decision concerns immigration law and in particular the right of the asylum seeker to appeal against the decision rejecting his application. The ECJ considers that the applicant may rely on circumstances subsequent to the rejection in his appeal and that the national court should take them into account. According to the Judgment [1]  , it is for each Member State to lay down procedural rules for legal actions that would safeguard that effective judicial protection. The Court recalls that the Dublin III Regulation 4 provides that a person who is the subject of a transfer decision is to have the right to an effective remedy against that decision and that that remedy must cover, inter alia, the examination of the application of that regulation. According to article 27 of the Regul...