European Investment Bank criticised for ‘hypocrisy’ of fossil fuel lending

12 December 2011  | Business Green

The world’s biggest lender to energy and climate action projects almost doubled the funds given to fossil fuels between 2007 and 2010, a new report (PDF) published on Thursday reveals.

European Investment Bank criticised for ‘hypocrisy’ of fossil fuel lending

12 December 2011  | The Guardian

The European Union has made €5bn of fossil fuel loans through its financial arm despite carbon reduction targets for members

EIB accused of financing fossil fuels with climate cash

12 December 2011  | EurActiv

The European Investment Bank has been accused of funding the fossil fuel industry with €16 billion of loans since 2007, more than that stumped up for any other energy source.

Europe’s Climate Action Criticized Over EIB Fossil-Fuel Loans

12 December 2011  | Bloomberg

The European Union was criticized for making 5 billion euros ($6.7 billion) of fossil-fuel loans through its financial arm, while pushing for a carbon-dioxide emission-cutting policy across the 27-member bloc.

Poročilo CE Delft znižuje notranjo stopnjo donosa Teš 6

28 November 2011  | SIOL.NET/ STA

Neutemeljene predpostavke omogočajo večanje tveganj in če se ta uresničijo, lahko stopnja pade celo na 5,12 odstotka, je danes ob predstavitvi metodoloških napak investicijskega programa Teša 6 dejal Geert Warringa iz CE Delft.

EBRD to suspend Ombla loan disbursement until further eco studies are completed

28 November 2011  | Croatian Times

The European Bank for Reconstruction and Development (EBRD) has said it would not disburse the recently-approved 123.2 million Euro loan for construction of the Ombla hydropower plant near Dubrovnik before the environmental impacts of the project are assessed.