The Irish government confirmed on Friday (4 September) its two nominees for the empty spot at the European Commission: seasoned MEP Mairead McGuinness and former European Investment Bank Vice-President Andrew McDowell are officially in line for the post.
The European Investment Bank issued a €350 million loan on Thursday (30 July) to a Swedish company that hopes to corner a significant share of the global battery market by building the greenest power packs available.
The European Investment Bank decided to scrub its loan books of fossil fuels in 2019 but the lender's head of energy policy, Andrew McDowell, insists that there is more to the change of direction than ditching coal and gas.
The European Investment Bank (EIB) decided on Thursday (14 November) to end financial support for fossil fuels from 2021, after marathon talks ended in a compromise that has been hailed as “a significant victory” for green policies.
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