EIB plans to cut all funding for fossil fuel projects by 2020

Fossil fuel divestment The European Investment Bank has vowed to end its multibillion euro financing for fossil fuel projects by the end of next year in order to align its strategy with climate targets. The EU’s lending arm has drafted plans, seen by the Guardian, which propose cutting support for energy infrastructure projects which rely … Continue reading EIB plans to cut all funding for fossil fuel projects by 2020