Tug of War: Fossil fuels versus green energy at the EBRD
Study | May 17, 2012 | Download PDF
Our study shows that almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank's commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.
Theme: Energy & climate