EIB Energy Lending Policy: Stepping closer to a fossil free finance

On November 17, 2019 the European Investment Bank (EIB) announced its new Energy Lending Policy (ELP) and proclaimed it will become the EU #Climate Bank.

Sounds great at first glance, but what’s next? 

From avoiding a 2 year gas bonanza to making sure we put our money where our mouth is, there are a few key challenges that lie ahead to ensure that the road to 2021 isn’t filled with new fossil fuel projects financed by the EIB.

Counter Balance put a magnifying glass on what the ELP means and what the major pitfalls are that we must avoid to ensure the EIB lives up to its self-proclaimed title of EU Climate Bank.

Read all about it in our new brochure ‘European Investment Bank’s New Energy Policy: Stepping closer to a fossil free finance’.

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