Climate Change: EU Bank To Stop Fossil Fuel Lending

One of the world’s biggest public lenders has said it will stop financing fossil fuel projects from the end of 2021 as part of an effort to combat climate change. The European Investment Bank (EIB) said on Thursday that its new energy lending policy, which was approved with “overwhelming” support, will bar funding for fossil fuel projects from the end of 2021.

By Deutche Welle News. November 14, 2019.

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