New opportunities for eastern Europe if the EU’s bank ramps up climate ambition and quits fossil fuels
June 13, 2019
Ahead of the European Investment Bank’s annual governors’ meeting, several EU’s finance ministers put forward a joint non-paper “Climate for the future of Europe” with an idea to transform the EIB: make green financing its top priority and promote investments in energy and climate transition. The right initiative risks failing if not supported by the majority of the bank’s shareholders, in particular by the eastern states that wrongfully fear that EIB’s increasing ambition in climate finance will unfavorably impact the bank’s presence in their countries.
June 6, 2019
Fixing our climate is one of the biggest challenges our politicians will have to face in the years to come, and more and more of them are committing to making this a top political priority. Source: EU leaders keep saying climate is a priority. Here’s s