Tag Archives: energy policy

New EIB policy against EU principles, say climate activists

Originally appeared in New Europe Environmentalists have reacted angrily to the European Investment Bank (EIB)’s draft energy lending policy, the result of a review process launched last year. The EIB announced on 24 June the contents of its draft policy, which will be put to shareholders next month. According to a press statement, the EIB’s […]

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EIB outlines new energy lending criteria

Controversy remains over whether the bank should fund coal plants. By Dave Keating , originally appeared in the European Voice The European Investment Bank published new plans for assessment criteria for energy projects yesterday (24 June), but the plan did little to calm controversy over whether the bank should be funding coal plants. EIB lending […]

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New EIB Energy Policy: A Missed Opportunity

Brussels — The EU’s global leadership on climate change is set to take another blow if the European Investment Bank, the EU house bank and one of the world’s largest public lenders, adopts a future energy lending policy as presented yesterday to the public. The draft policy includes weaker standards for lending to coal plants […]

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Eleventh hour for Europe’s bank to lead on climate change

Brussels — Ahead of next week’s expected release from the European Investment Bank of its final draft energy policy, CEE Bankwatch Network and Counter Balance are urging the EU’s house bank to ensure that its annual portfolio of EUR 70 billion is guided by a policy that enables Europe to meet its long-term commitments on […]

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EIB hoax – coal down award [full video]

A European Investment Bank (EIB) that would cease lending to coal projects and eventually all fossil fuels is still a dream. However last Thursday we dreamed out loud and imagined how it would be. Effects would be tremendous: the EIB could play a leading role in decarbonising Europe’s energy infrastructure, it would be applauded by […]

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Dreams of European Investment Bank Quitting Coal Go Up in Smoke – For Now

Brussels — The European Investment Bank (EIB) president Werner Hoyer was forced to say this morning, during the EIB’s annual press conference, that an announcement that the bank would give up lending to coal was “pure nonsense”. And this, despite the fact that Hoyer repeatedly referred to the EIB as a frontrunner in the fight […]

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