September 11, 2018
See the web-version of the report. This year the European Investment Bank is expected to review its 2013 ‘Screening and Assessment Criteria for Energy Projects’, also known as its Energy Lending Criteria, which governs the types of projects the bank ca
The EU’s house bank obstructs climate action with continued fossil fuels spending and lacking investment in sustainable energy – new report
September 6, 2018
Prague – A new Bankwatch analysis released today shows that in the years 2013-2017, the European Investment Bank (EIB) has invested EUR 18.4 billion in renewable energy projects in Europe and beyond, but at the same time handed out EUR 11.8 billion in EU public money to fossil fuels projects. The new report details a set of measures – including an unequivocal commitment to end support for fossil fuels – that can be introduced in the course of the upcoming review of the EIB’s energy strategy to ensure the world’s largest public lender facilitates the global effort to tackle the climate crisis, rather than hamper it.
August 31, 2018
Energy doublethink Contradictions at the EU bank in combatting climate change Anna Roggenbuck EIB policy officer Alternative news on the EIB Help us watchdog the world’s biggest public lending institution by signing up for our e-mail updates. Learn mor