EU bank brokers late-night deal to phase out fossil fuels

By |november 15th, 2019|Andrew McDowell, EIB, European Investment Bank (EIB), Germany, News, Ursula von der Leyen, Werner Hoyer|

The European Investment Bank (EIB) decided on Thursday (14 November) to end financial support for fossil fuels from 2021, after marathon talks ended in a compromise that has been hailed as “a significant victory” for green policies.