European Investment Bank halts lending to dirtiest coal power plants

Jessica Shankleman
clock •

EIB board of directors agrees to new emissions performance standard, but green groups warn it does not go far enough in tackling pollution

Green groups have cautiously welcomed a decision by the world's largest public financial institution to phase out funding for certain coal power plants, after its directors agreed to stop lending to projects...

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

Christian Aid launches £20m investment vehicle to boost community climate resilience

Christian Aid launches £20m investment vehicle to boost community climate resilience

New fund will back locally-owned businesses, but charity warns investment cannot replace reduced aid budgets

Stuart Stone
clock 24 September 2026 • 4 min read
Governance and shareholder rights top sustainability concerns for asset owners

Governance and shareholder rights top sustainability concerns for asset owners

FTSE Russell survey also reveals growing concerns over how portfolios are being hit by escalating physical climate impacts

Michael Nelson, Investment Week
clock 23 September 2026 • 2 min read
Government-backed River Thames 'mega heat project' aims to unlock £5bn investment

Government-backed River Thames 'mega heat project' aims to unlock £5bn investment

Government confirms latest £90m wave of funding to support delivery of new heat networks in London, Bradford and Solihull, as well as upgrades to 76 existing schemes

Stuart Stone
clock 23 September 2026 • 4 min read