EU Investment Bank Agrees to Stop Financing Fossil Fuel Projects

Yale e360
Nov 15, 2019, 11:18 am256 pts
The European Investment Bank (EIB), the world’s largest development lender, announced it will no longer finance fossil fuel projects, starting in 2021, several news outlets reported. The bank said it will instead unlock $1.1 trillion for climate action investments, including renewable energy and resiliency…

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