COP24 diary – day #10

12 December 2018, Euractiv

Coal bonanza at the EIB. Is Europe serious about phasing out fossil fuels? While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) continues to fund climate-damaging fossil fuel projects, having disbursed more than €11.8 billion in fossil fuel projects since 2013, Friends of the Earth Europe, Counter Balance and CEE Bankwatch Network said in a briefing released on Tuesday (11 December).

Source: COP24 diary – day #10