Tug of War: Fossil fuels versus green energy at the EBRD
Study | 17 May 2012
Our study shows that almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.
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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.