MEEMA Seeks Solutions for Transition to an Energy Sector Based on Clean Energy
January 8, 2020
At the initiative of Greenpeace and Bankwatch, a meeting took place at the headquarters of the Department for Energy with representatives of the Ministry of Economy, Energy and Business Environment (MEEMA). The objectives of the meeting were to facilit
European Investment Bank Adopts New Energy Lending Policy
January 7, 2020
On 14 November 2019, the Board of Directors of the European Investment Bank (“EIB”), the world’s largest multilateral bank, adopted a new Energy Lending Policy (the “Policy”), which aims to end EIB investment in the majority of fossil fuel programs by
Climate action at the European Investment Bank: an overview
December 13, 2019
The EIB had already proclaimed itself the EU’s climate bank long before the vdLeyen EU Commission presented the idea of transforming a part of the Bank into Europe’s Climate Bank. It has been over a decade now since the EIB committed at least 25% of its finance to support the transition to a low-carbon and climate-resilient economy.
Consensus on EU long term emissions reductions paves way for climate action in central and eastern Europe
December 13, 2019
At Thursday’s European Council meeting, Member States signed up to the bloc’s goal of becoming a net zero emitter of carbon by 2050, a commendable and essential step as the EU pursues the Paris Climate Agreement’s target of limiting temperature increases to 1.5 degrees Celsius.
EU Development Bank Says No to Fossil Fuel Projects
December 6, 2019
To fight climate change, the European Investment Bank, the world’s largest development bank, voted Thursday to stop funding fossil fuel projects despite opposition by some countries, most notably Germany.
Policy briefing: the just transition fund
November 29, 2019
A multi-billion just transition fund to support communities in Europe’s coal-heavy regions is a priority for Ursula von der Leyen’s new Commission, with legislation expected in the first two weeks of December.
La Banque européenne d’investissement ne financera plus les énergies fossiles à partir de 2021
November 20, 2019
La Banque européenne d’investissement (BEI) a décidé le 14 novembre de supprimer les soutiens financiers aux combustibles fossiles à partir de 2021.
MINI HIDROELEKTRANE: Mala korist za veliko uništavanje prirode
November 19, 2019
Imperativ na Balkanu posljednjih desetak godina postale su investicije u proizvodnju električne energije. Financijskom podrškom iz Europe, Svjetske banke i Europske banke za obnovu i razvoj na području između Slovenije i Turske izgradit će se gotovo 3.000 malih hidroelektrana, čija snaga varira između pet kilovata i deset megavata.
EU fossil fuel investment ban to hit energy industry
November 18, 2019
The European Investment Bank’s (EIB) recent decision to phase out funding for fossil fuel projects could have far-reaching implications for energy companies and countries across the continent, a number of experts have warned.
The European Investment Bank Has Quit Fossil Fuels – But Borrowers Still Have Their Pick Of Lenders
November 18, 2019
Environmentalists applauded the European Investment Bank’s decision last week to phase out fossil fuel lending by the end of 2021. But to the average oil and gas company angling for a loan, the decision may not make much of a difference. In the fossil fuel financing game, the European Investment Bank (EIB) is a bit player.
