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