European institutions accused of undermining Paris Agreement by funding dirty energy projects

Madeleine Cuff
clock • 6 min read

EU bodies including the European Investment Bank and the European Bank for Reconstruction and Development are backing fossil fuel projects that threaten progress on climate targets, NGOs claim

Despite the promises made in Paris in December last year, key European institutions continue to fund dirty energy generation over alternative energy sources, according to a new report released yesterday...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Sustainable Ventures' Andrew Wordsworth: 'Collaboration between diverse stakeholders is key'

Sustainable Ventures' Andrew Wordsworth: 'Collaboration between diverse stakeholders is key'

Sustainable Ventures co-founder reflects on building one of Europe's leading climate tech clusters, helping its companies collectively raise over £1.1bn and create 7,000 green jobs.

BusinessGreen staff
clock 15 May 2025 • 6 min read
Octopus Energy Group targets pension schemes with £165m clean energy fund

Octopus Energy Group targets pension schemes with £165m clean energy fund

Astris fund to offer pension schemes and private wealth investors simple way to invest in global energy transition, as government hails impact of Mansion House reforms

James Murray
clock 13 May 2025 • 3 min read
Accountants' group calls for more demanding UK sustainability reporting rules

Accountants' group calls for more demanding UK sustainability reporting rules

The Institute of Chartered Accountants of Scotland (ICAS) argues the government's proposed Sustainability Reporting Standards are not comprehensive enough, reports Roger Harrabin

Roger Harrabin
clock 08 May 2025 • 4 min read