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European Investment Bank: 'We will stop financing fossil fuels'

James Murray
James Murray
clock 15 November 2019 •
The European Investment Bank / Credit: Chris Mueller
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The European Investment Bank / Credit: Chris Mueller

Multilateral bank says world's 'most ambitious climate investment strategy' will unlock €1tr of climate action and environmental sustainable investment through to 2030

The European Investment Bank (EIB) last night approved plans to halt lending to fossil fuel energy projects from the end of 2021, promising to unleash the "most ambitious climate investment strategy of...

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