Energy doublethink: contradictions at the EU bank in combatting climate change
Study | 11 September 2018 Download
This year the European Investment Bank is expected to review its 2013 ‘Screening and Assessment Criteria for Energy Projects’, also known as its Energy Lending Criteria, which governs the types of projects the bank can finance
in the energy sector. The review will provide an opportunity to align the policy with recent European and global policy developments like the Paris Agreement, the accord under the United Nations Framework Convention on Climate Change.
The study reviews the EIB’s energy lending in 2013-2017 and discusses how the bank’s practices can improve in the next period.