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Home > Archives for fossil fuels

fossil fuels

Key decision made that could rewrite EU energy policy

February 7, 2018

The European Investment Bank (EIB) on Tuesday approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The 1.5 Source: Key decision made that could rewrite EU energy policy


European gas pipeline receives £1.3 billion investment despite being dirtier than coal

February 7, 2018

The Trans Adriatic Pipeline project that will transport gas across Southern Europe was promised a £1.3 billion loan from the European Investment Bank. But research suggests burning the gas will create as much carbon emissions as using coal. Environment


Despite Climate Objections, New Southern Gas Corridor Gets €1.5bn In EU Funds

February 7, 2018

The European Investment Bank says the Trans-Adriatic Pipeline will reduce dependence on both Russian gas and European coal. But a recent study says it could be as emissions-intensive as coal. Source: Despite Climate Objections, New Southern Gas Corrido


bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline

February 7, 2018

Funding decision made despite heavy pressure from environmental groups who argued that the development bank should avoid investing in major fossil fuel projects. Source: bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline


EIB funds Trans-Adriatic Pipeline despite environmental concerns

February 7, 2018

The European Investment Bank (EIB) approved a €1.5 billion loan for the Trans-Adriatic Pipeline (TAP) on Tuesday. The project is the final section of a planned Southern Gas Corridor stretching from Azerbaijan to Italy. The Southern Gas Corridor include


Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today

February 6, 2018

In an interview with the specialised webpage NGW which he gave on the sidelines of theEuropean Gas Confere Source: Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today


The weakest link – the EBRD’s energy lending 2010-2016

December 11, 2017

Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.


More billions for fossil fuels overshadows European development bank’s climate pledges

December 11, 2017

Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.


Energy lending at the EBRD: Fossil fuels up, renewables down

December 11, 2017

What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?


Doing the same thing and expecting different results?

November 10, 2017

An analysis of the sustainability and transparency of the European Fund for Strategic Investments.


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