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Professor Mazzucato shared her thoughts on the role that public institutions can play in fostering innovation with long-term finance. To ensure the survival of the EU, she urged the need for an innovation-led investment strategy, with the EIB assuming a central role. In addition, Mazzucato underlined the EU bank’s role as the global leader in market-relevant climate finance. Green growth offers immense potential for innovation, and public banks have a leading role to play in forging development in this area.