The European Bank for Reconstruction and Development (EBRD) announced the appointment of Gianpiero Nacci as Managing Director for Climate Strategy and Delivery (CSD), effective 1 January 2025.

Gianpiero Nacci, an Italian national, has been one of the driving forces behind the EBRD’s climate ambitions since joining the Bank in 2003 as Principal Engineer in the former Energy Efficiency department. He was promoted to Senior Engineer in 2006 and appointed Deputy Head of Energy Efficiency and Climate Change in 2017.

In 2021, Nacci was named Director of Sustainable Business and Infrastructure in the CSD division. Under his leadership, the team successfully transformed into an essential technical and operational pillar for EBRD business groups, such as Corporate Services, Agribusiness and the Sustainable Infrastructure Group (SIG), on green finance and policy.

Gianpiero Nacci said: “I am honoured to take on this new role and build on the EBRD’s long-standing commitment to tackling climate challenges and biodiversity loss across our regions. Together with our talented teams, we will further scale up green financing and unlock more private-sector investments, continuing to drive meaningful change towards a greener and more sustainable future.”

Over half of EBRD’s business volumes are in the green space. In 2024, the Bank’s green finance amounted to €9.7 billion.