About: European Investment Bank (EIB)

EU bank brokers late-night deal to phase out fossil fuels

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.

Germany to sit out decisive EIB vote amid fossil fuel row

Germany is preparing to abstain from a vote on the European Investment Bank’s (EIB) future energy lending policy on Thursday (14 November). Internal government disputes continue to scuttle attempts to form a common position on scrapping fossil fuel funding.

Juncker Commission stalls EU climate bank in starting blocks

While the European Investment Bank is making efforts to end fossil fuel funding, the Juncker Commission is doing its best to frustrate it – and to undermine Ursula von der Leyen, writes WWF’s Sébastien Godinot.

Why we should back the EIB on ambitious energy policy

As part of putting the Paris Agreement into action, the EU and its Member States should back the European Investment Bank’s proposal to cease fossil investments, writes Sir Graham Watson.

Sustainable finance drive can help address EU’s political challenges

Sustainability and inclusivity have correctly been placed as guiding principles for Europe’s finance policy. The next few months – with decisions on the EIB and the start of a new European Commission – will be decisive in order to put those principles into action, write Tom Jess and Sandrine Dixon-Declève.
Energy 07-10-2019

Will Germany block EIB plans to ditch natural gas?

The European Investment Bank wants to purge its loan books of fossil fuels, including natural gas, by 2020. Although the Bank's final decision is expected to be delivered on 15 October, resistance, especially from Germany, is brewing. EURACTIV Germany reports.

EIB’s Werner Hoyer: ‘We aim for climate in everything we do’

In July, the European Investment Bank (EIB) published a draft of its proposed new lending policy for energy projects, which includes extra money for poorer EU countries, greater focus on renewables and phasing-out support for fossil fuel infrastructure after 2020. Werner Hoyer explains what this implies.

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