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European Investment Bank Drops Fossil Fuel Funding

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Industry Segment: Power | Word Count: 727 Words

GALWAY, IRELAND--November 27, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The European Union's (EU's) lending arm, the European Investment Bank (EIB), is to stop investing in fossil fuel energy projects from the end of 2021.

Within this article: Details end of fossil fuel funding, impact on gas and coal projects, future renewables investment

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