energy lending

The EU house bank is holding back Europe's shift to sustainable energy

June 14, 2016

On the occasion of the EU Sustainable Energy Week, a new Bankwatch analysis shows that the European Investment Bank (EIB) has been effectively hindering Europe's energy transition.

Institution: EIB

Theme: Energy & climate

Tags: EIB, energy lending, fossil fuels, investEU, renewables, CEE, EU

Comments on EBRD's draft energy strategy

Policy comments | September 24, 2013

Bankwatch's detailed comments on the draft energy sector strategy of the European Bank for Reconstruction suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank's fossil fuel lending. It also contains comments on other energy sources, carbon markets, energy systems, carbon capture and storage, nuclear safety, and in an additional annex it lays out sustainability criteria for hydropower development.

Institution: EBRD

Theme: Energy & climate

Dreams of European Investment Bank Quitting Coal Go Up in Smoke - For Now

February 28, 2013

Climate activists take responsibility for fake press release, bizarre award ceremony

Brussels -- The European Investment Bank (EIB) president Werner Hoyer was forced to say this morning, during the EIB’s annual press conference, that an announcement that the bank would give up lending to coal was “pure nonsense”. And this, despite the fact that Hoyer repeatedly referred to the EIB as a frontrunner in the fight against climate change.

Institution: EIB

Theme: Energy & climate

Tags: Brussels, coal, EIB, EIB energy, energy, energy lending, energypolicy, fossil fuels, hoax, policy, public action, EU