Croatian hydropower plant highlights loopholes in EIB environmental policies
April 2, 2020
The EIB-financed Ilovac hydropower plant was built on the river Kupa in north-west Croatia at around the same time as scientists established the existence of a new fish species there – Alburnus sava. Since the dam’s construction, the species has not been found at the site. Has Alburnus sava’s habitat been degraded for just 1.4 MW of installed power?
Gone with the Flow, A case study of biodiversity loss caused by Ilovac Hydropower plant, Croatia
April 2, 2020
This case study aims to demonstrate that the EIB’s environmental and social (E&S) and transparency policies are insufficiently equipped to prevent the negative impacts of hydropower plants on sensitive ecosystems, in particular when the hydropower project (1) is financed via an intermediary bank and/or (2) is located outside of the EU.
Climate action at the European Investment Bank: an overview
December 13, 2019
The EIB had already proclaimed itself the EU’s climate bank long before the vdLeyen EU Commission presented the idea of transforming a part of the Bank into Europe’s Climate Bank. It has been over a decade now since the EIB committed at least 25% of its finance to support the transition to a low-carbon and climate-resilient economy.
EU Development Bank Says No to Fossil Fuel Projects
December 6, 2019
To fight climate change, the European Investment Bank, the world’s largest development bank, voted Thursday to stop funding fossil fuel projects despite opposition by some countries, most notably Germany.
La Banque européenne d’investissement ne financera plus les énergies fossiles à partir de 2021
November 20, 2019
La Banque européenne d’investissement (BEI) a décidé le 14 novembre de supprimer les soutiens financiers aux combustibles fossiles à partir de 2021.
EU fossil fuel investment ban to hit energy industry
November 18, 2019
The European Investment Bank’s (EIB) recent decision to phase out funding for fossil fuel projects could have far-reaching implications for energy companies and countries across the continent, a number of experts have warned.
The European Investment Bank Has Quit Fossil Fuels – But Borrowers Still Have Their Pick Of Lenders
November 18, 2019
Environmentalists applauded the European Investment Bank’s decision last week to phase out fossil fuel lending by the end of 2021. But to the average oil and gas company angling for a loan, the decision may not make much of a difference. In the fossil fuel financing game, the European Investment Bank (EIB) is a bit player.
RAPORT: EBI porzuca paliwa kopalne. Co to oznacza dla Polski?
November 16, 2019
Europa zaostrza kurs swojej polityki klimatycznej. Agresywne cięcia emisji gazów cieplarnianych mają wyznaczać światowe trendy, a pomóc mają w tym instytucje finansowe, przede wszystkim Europejski Bank Inwestycyjny. Ma on zakończyć finansowanie projektów związanych z paliwami kopalnymi, takimi jak ropa i węgiel, jedyną niewiadomą pozostaje gaz.
Den europeiske investeringsbanken kutter fossil energi
November 15, 2019
Skal ikke finansiere fossile energiprosjekter etter 2021. Den europeiske investeringsbanken kutter fossil energi
EIB adopts new energy lending policy, to stop financing fossil fuel projects from end-2021
November 15, 2019
The European Investment Bank’s (EIB) Board of Directors has agreed on a new energy lending policy which envisages that the bank will stop financing fossil fuel projects from the end of 2021.
