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No More Funding for Upstream Oil & Gas, Says European Bank for Reconstruction and Development

No More Funding for Upstream Oil & Gas, Says European Bank for Reconstruction and Development

oil_gas_production

Industry Segment: Production | Word Count: 704 Words

GALWAY, IRELAND--July 21, 2021--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--One of Europe's leading financial lending institutions, the European Bank for Reconstruction and Development (EBRD), is to stop investing in upstream oil and gas projects in the coming year.

Within this article: Details change in energy funding policy, current investment levels, growing shift away by financial institutions from fossil-fuel investments in Europe, related stories

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