The EIB will stop financing fossil fuel
The EIB’s Board of Directors approved a new Energy Lending Policy that calls for no new financing of unabated fossil fuel projects, including gas, from the end of 2021.
‘We’re setting a global standard’
Vice-President Andrew McDowell says the new energy policy means more lending for renewable energy, energy efficiency, solar and wind power, advanced batteries, clean technology and innovation.
Better lives beyond our borders
Key investments around the world create stability and sustainable growth while fighting climate change. Here are the numbers that show the high impact of EIB work outside the European Union.