Bankwatch

Home > Publications > Gas lending at the European Investment Bank 2013-2016

Gas lending at the European Investment Bank 2013-2016

Gas lending at the European Investment Bank 2013-2016

Briefing    |    12 December 2017

Download

Since the European Investment Bank (EIB) revised its energy lending criteria in 2012, it has limited its support for fossil fuels projects in the energy sector and eliminated the most polluting power plants from its portfolio. However, the bank’s contribution to various gas projects remained on a high level. Between 2013 and 2016 the bank committed over EUR 9.6 billion to gas infrastructure, among others to gas power plants, storage, transmission and distribution infrastructure.

Institution: EIB

Theme: Energy and climate

Tags: climate change | gas

Never miss an update

We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.

More about our work

More about us

STAY INFORMED





By clicking accept, you agree to the use of cookies. more information

We use cookies to: - Better understand and store user’s preferences for future visits. - Gather statistical data about site traffic and user behaviour and interactions in order to offer better site experiences and tools in the future. We may also use trusted third-party services that track this information on our behalf. You can enable your device to notify you each time a cookie is being sent by changing your browser settings. If you turn cookies off, It won’t affect the user’s experience .

Close