Category: News

Greens call on European Investment Bank to exclusively back the green transition

Greens have welcomed moves to turn the European Investment Bank (EIB) into Europe’s “climate bank”, which forms part of a pledge by the new Commission president, Ursula von der Leyen, to deliver a ‘European Green Deal.’ However, they say such a proposal only makes sense if the EIB agrees to end all financing of fossil fuel projects and rapidly become a...