European Investment Bank Drops Fossil Fuel Funding

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