Getting from A to B while cutting out the GHGs – Is some ambitious, climate-real transport lending about to turn up at the EIB?
December 7, 2010
In the face of official EU statements stressing the need to decarbonise Europe’s transport sector, our analysis has found that a rise in EIB lending between 2006 and 2009 for roads and aviation has coincided with a dramatic decrease in EIB lending for urban public transport.
Harnessing the EU recovery plan for green and accountable investments
March 13, 2009
The unprecedented economic crisis has the potential to provide a significant boost to the environment. Today, investing in a green economy and green jobs is seen as one of the top priorities for moving beyond the crisis. This unique window of political opportunity for the promotion of green investments should not be missed – and how European public money is to be used to get us out of these economic straits is on the line next week.
First tranche of EIB car “crisis” loans requires scrutiny, warn Bankwatch and Greenpeace
March 12, 2009
The European Investment Bank (EIB) has today extended EUR 3 billion in soft loans to eight European carmakers for the development and production of cleaner vehicles. CEE Bankwatch Network and Greenpeace call on the EIB to ensure that money goes to initiatives with a true impact on cutting carbon emissions from cars and not just to small-scale greenwash projects.