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Home > Bankwatch in the media > EU Lending Bank To End All Fossil Fuel Financing By 2020

EU Lending Bank To End All Fossil Fuel Financing By 2020

27 July 2019, Forbes

After years of pressure from environmental campaigners, the European Investment Bank, the lending arm of the European Union, has proposed to end financing for all fossil fuels by 2020. It would be the first multilateral financial institution to make such a commitment. EU Lending Bank To End All Fossil Fuel Financing By 2020

Project: EBRD/EIB energy policy review

Tags: EIB | fossil fuels

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