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Home > Bankwatch in the media > EU bank brokers late-night deal to phase out fossil fuels

EU bank brokers late-night deal to phase out fossil fuels

15 November 2019, Euractiv

The European Investment Bank (EIB) decided on Thursday (14 November) to scrap financial support for fossil fuels from 2021, after marathon talks ended in a compromise that has been hailed as “a significant victory” for green policies. EU bank brokers late-night deal to phase out fossil fuels

Project: EBRD/EIB energy policy review

Tags: EIB | air pollution | decarbonisation | fossil fuels

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