Open letter to Swedish Minister of Finance: Phase out fossil fuels lending by EIB

A broad selection of Swedish NGO's have joined Bankwatch's call to phase out fossil fuels lending by the European Investment Bank (EIB). The open letter, sent to the Swedish Minister of Finance, Anders Borg, reminds the Swedish government that as one of the EIB's shareholders, the country bears responsibility for how EIB resources are not sufficiently contributing to sustainable development.

See also Diakonia's news alert here.

The Swedish Minister for Finance responded on February 29, 2012, promising to continue working for ambitious contributions to EU climate change goals. Download his response as pdf