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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Green groups warn of legal action as UK launches new oil and gas licensing round

Green groups warn of legal action as UK launches new oil and gas licensing round

Greenpeace warns 'possibly unlawful' licensing round will do little to enhance the UK's energy security or reduce household energy bills

Cecilia Keating
clock 07 October 2022 • 4 min read
What happens when climate policy collides with real-world constraints?

What happens when climate policy collides with real-world constraints?

As incentives and mandates collide with real-world conditions, there are sure to be pinch points the clean energy sector must navigate

Sarah Golden, GreenBiz.com
clock 07 October 2022 • 6 min read
 Credit: Greenpeace

Liz Truss, libertarianism, and the real anti-growth coalition

The Truss administration wants to label the environmental movement as part of the ‘anti-growth coalition’, but it is the green economy and a pro-active state that holds the key to sustainable growth

James Murray
clock 07 October 2022 • 9 min read