The bank has committed to end fossil fuel financing by the end of the year but has handed out billions in support for companies wedded to the industry
The EU investment arm’s climate roadmap ends lending to airport expansions but does not require all the bank’s intermediaries to have decarbonisation plans
The European Investment Bank should stop supporting airport expansion and close the loopholes in its policy against lending to fossil fuels
The German chancellor made the comments after incoming EU Commission president Ursula Von der Leyen praised the bank’s progress on climate action
The European Investment Bank warns the EU needs to make “a tremendous effort” to develop a comprehensive climate strategy, putting investment at its core
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EU finance ministers agreed to phase out EIB lending to unabated oil and gas projects, overcoming opposition from some member states in marathon board meeting
The world’s largest development bank proposed a pivot to clean energy, in a draft plan for consideration by EU finance ministers in September
PRESS RELEASE: Green bonds are making environmental lending more visible and transparent, says European Investment Bank
NEWS: Renewables investments set to rise slowly on continent as countries explore potential for wind, solar and geothermal
NEWS: The growing green bond market could stimulate low carbon investment and complement the divestment movement, says think-tank
New regulations rule out new coal or lignite power plants from EIB investments, following similar move from World Bank last week