Tag Archives: climate

EIB plans to end funding fossil fuels by 2021

Originally published by Public Finance International. By: Calum Rutter – 2 Aug 19 The European Investment Bank looks likely to make a “game-changing” move and stop funding fossil fuels by the end of 2020. A newly released draft policy from the bank said rapid and drastic action was needed to fight climate change and meet the objectives […]

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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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EIB must stop funding fossil fuels, say 70 civil society groups

Brussels, 13 June 2019 Ahead of a meeting of the EU bank’s Governors in Luxembourg on Friday, 70 civil society organisations, think tanks and academics across Europe call for a fossil-free European Investment Bank (EIB) in a joint statement released today On June 14th, the EU Finance Ministers will gather in Luxembourg(1) as Governors of […]

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EU leaders keep saying climate is a priority. Here’s something they can do

Originally published on Climate Home News The European Investment Bank is the world’s largest multilateral lender and it keeps funding fossil fuels. Next week EU finance ministers can change that By Xavier Sol and Adriana Paradiso Fixing our climate is one of the biggest challenges our politicians will have to face in the years to come, […]

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First overhaul the investment bank for a greener EU

Originally published on EU Observer. By Adriana Paradiso In a few weeks, as European citizens we will be called to elect our new representatives at the European Parliament. This democratic choice will be essential to make sure they push on our behalf to shape the kind of Europe we want to live in. And an […]

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VIDEO: The song of the EIB

On the occasion of the EU elections 2019, Counter Balance and its partners call the citizens’ attention on the bank of the EU – the European Investment Bank (EIB). What does it do? What are the challenges it has gone through so far? What the aspects that need improvement? And what can the citizens do […]

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Record citizens’ input to EU bank’s consultation calls on the bank to urgently abandon fossil fuels

Brussels, 28 March 2019 Today, as they submit their official contribution to the public consultation on the European Investment Bank (EIB)’s new Energy Lending Policy, citizens, civil society and local authorities call for the world’s largest public lender to end its support for fossil fuels projects. In the moment of highest public engagement with the […]

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Counter Balance submits its contribution for the EIB Energy Lending Policy

As part of the public consultation opened by the EIB, the Counter Balance coalition, together with Focus Association for Sustainable Development – Slovenia, submitted its contribution to the bank’s Energy Lending Policy review. Read the submission here.

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Who really needs the Krk LNG Terminal?

Originally published on euronews. By Elena Gerebizza, Re:Common Last week, local residents and environmentalists confirmed their opposition to the planned Liquefied Natural Gas (LNG) Terminal in Krk, Croatia. A flagship project for the Adriatic country, the LNG terminal also features as a Project of Common Interest at European level, despite continuing controversies on its environmental impacts, usefulness […]

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Help Reform the EIB!

Sign the petition for an improved EU bank. In May, as EU citizens we will be called to elect our new representatives at the European Parliament. This democratic choice will be essential to make sure they push on our behalf to shape the kind of Europe we want to live in. And an improved European […]

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