Germany to sit out decisive EIB vote amid fossil fuel row

By |november 13th, 2019|EIB, European Investment Bank (EIB), fossil fuel subsidies, Germany, News|

Germany is preparing to abstain from a vote on the European Investment Bank’s (EIB) future energy lending policy on Thursday (14 November). Internal government disputes continue to scuttle attempts to form a common position on scrapping fossil fuel funding.

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EU bank tees up fossil fuel compromise ahead of crucial vote

By |november 12th, 2019|EIB, News, Taxonomy, Werner Hoyer|

The European Investment Bank will decide on Thursday (14 November) whether or not to purge its loan books of fossil fuel projects. All signs point to the EU lender striking a compromise with Germany and Italy which want more leeway for new gas projects.

Komentarji so izklopljeni za EU bank tees up fossil fuel compromise ahead of crucial vote

Why we should back the EIB on ambitious energy policy

By |oktober 14th, 2019|EIB, European Investment Bank (EIB), News|

As part of putting the Paris Agreement into action, the EU and its Member States should back the European Investment Bank’s proposal to cease fossil investments, writes Sir Graham Watson.

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Sustainable finance drive can help address EU’s political challenges

By |oktober 11th, 2019|EIB, European Investment Bank (EIB), News, sustainable finance, Taxonomy, Vladis Dombrovskis|

Sustainability and inclusivity have correctly been placed as guiding principles for Europe’s finance policy. The next few months – with decisions on the EIB and the start of a new European Commission – will be decisive in order to put those principles into action, writes Tom Jess.

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‘Almost impossible’ to rival China’s business clout in Central Asia

By |oktober 11th, 2019|Belt and Road Initiative, Central Asia, China, EIB, EU strategy for Central Asia, Kazakhstan, Kyrgyzstan, News, Peter Burian, Tajikistan, Uzbekistan|

“China is coming with an offer nobody can refuse, while the EU is coming with an offer nobody can understand." For many in Central Asia, that phrase – although intended as a joke – best summarises the European way of doing business.

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Will Germany block EIB plans to ditch natural gas?

By |oktober 7th, 2019|EIB, European Investment Bank (EIB), fossil fuel, Germany, investments, News, Taxonomy|

The European Investment Bank wants to purge its loan books of fossil fuels, including natural gas, by 2020. Although the Bank's final decision is expected to be delivered on 15 October, resistance, especially from Germany, is brewing. EURACTIV Germany ...

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EIB begins metamorphosis into climate bank

By |september 9th, 2019|EIB, european investment bank, News, Ursula von der Leyen, Werner Hoyer|

European Investment Bank (EIB) directors will begin discussing on Tuesday (10 September) an updated lending policy which could see the EU bank stop funding fossil fuel projects. But some member states and even the European Commission might push for a m...

Komentarji so izklopljeni za EIB begins metamorphosis into climate bank

EU countries urged to see ‘opportunity in climate change’

By |junij 25th, 2019|EIB, News|

Climate change should be seen as an opportunity not a threat but the tools at the EU’s disposal need to be changed to deal with the coming challenge, according to officials, MEPs and climate experts.

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Banking on the energy transformation

By |februar 25th, 2019|clean energy transition, EIB, european investment bank, News|

In the last five years, the European Investment Bank (EIB) provided over €50 billion in clean energy investments in Europe and around the world. As a new cycle opens, Andrew McDowell explains the key principles that will underpin the EIB’s future lending policy.

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Time for EU bank to comply with EU’s climate objectives

By |februar 25th, 2019|2030 climate and energy targets, 2050 climate strategy, coal phase-out, EIB, european investment bank, fossil fuel subsidies, fossil fuels, natural gas, News|

As the European Investment Bank (EIB) holds a meeting in Brussels today (25 February) to consult the public on its new energy policy, Wendel Trio reflects on the role the EU’s bank should have in tackling the climate crisis.

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