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Home > Bankwatch in the media > EU’s lending arm to phase out fossil-fuel funding

EU’s lending arm to phase out fossil-fuel funding

22 August 2019, Econews

This draft shows commendable leadership from the EIB in becoming the first among public banks to commit to a total phase out of investments in fossil fuels after 2020,” said Petr Hlobil, campaigns director at Prague-based CEE Bankwatch Network, which monitors development finance in eastern Europe.

Source: EU’s lending arm to phase out fossil-fuel funding

Project: EBRD/EIB energy policy review

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