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

Over 130 investment funds adopt UK sustainable disclosure labels

Over 130 investment funds adopt UK sustainable disclosure labels

Improved confidence in the labels from firms should lead to further uptake in the coming years, according to the FCA

Cristian Angeloni
clock 09 June 2025 • 3 min read
Earthshot Prize teams up with Builders Vision to help bridge $900bn ocean funding gap

Earthshot Prize teams up with Builders Vision to help bridge $900bn ocean funding gap

EXCLUSIVE: Prince William's climate and environmental solutions prize teams up with investors to ramp up support for ocean-focused innovations

Michael Holder
clock 06 June 2025 • 4 min read
CDP: Councils across the UK are leading on climate, but nearly half can't afford to act

CDP: Councils across the UK are leading on climate, but nearly half can't afford to act

Non-profit disclosure platform reveals growing commitment and ambition from councils to tackle the climate crisis, but 48 per cent cite budgetary constraints as a major barrier

clock 06 June 2025 • 3 min read