After finishing his 4-year term as Vice President of the European Investment Bank (the “EU Climate Bank”) in September, Andrew McDowell recently became a partner at PwC Strategy& to provide thought-leadership and strategy advice to banks, investors, Governments and public financing institutions on the opportunities and challenges arising from the accelerating transition to a net zero economy and from other growing Environmental, Social and Governance (ESG) challenges.
At the EIB, Andrew led the bank’s transformation into the “EU Climate Bank”, including its decision to become the first multilateral financing institution to exit all fossil fuel related investments and its transformation to become the world’s “Climate Bank”. He also oversaw the EIB’s contribution to the EU agenda on sustainability, including the new EU taxonomy.
Prior to joining the EIB, Andrew served as Chief Economic Advisor to the Irish Prime Minister (2011 to 2016) where he played a key role in the economic turnaround and ultimate exit from the IMF / EU bail-out. Prior to politics, he was Chief Economist of Forfás (Ireland’s national enterprise and innovation policy advisory agency), where he provided management and intellectual leadership to 30 professionals in delivering policy advice to Government in a broad range of areas, such as trade and taxation policy, infrastructure financing and delivery, competitiveness and regulation.