Archive | July, 2019

EIB to stop financing fossil fuels by end 2020

Today, the European Investment Bank (EIB) published a draft of its new Energy Policy which proposes to end support to all fossil fuels beyond 2020. The draft policy is now to be approved by the bank’s shareholders, the EU Member States. Brussels, 26 July 2019 The EIB, the financial arm of the European Union, is […]

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EU development finance can play a stronger and better role, say CSOs

July 2019 CEE Bankwatch Network, Concord, Counter Balance and Eurodad submitted a set of recommendations to the High Level Group of Wise Persons on the European financial architecture for development. Below is a summary of the main points. The full version is available here. Over the last few decades, the European financial architecture for development […]

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