Gas lending at the European Investment Bank 2013-2016
Briefing | 12 December 2017
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.