ЕС

Source: Dave Keating, European Voice

The EU's investment bank is under pressure to stop financing coal plants

Source: Arthur Neslen, EurActiv

Climate Commissioner Connie Hedegaard has called for development banks with a combined annual lending pot of €130 billion to end support for fossil fuels in their energy lending policy reviews.

Source: Sonja van Renssen, Energypost.eu

The European Investment Bank (EIB) intends to place stricter CO2 emission standards on coal power plants that it finances, but not as strict as the standards president Obama recently proposed in the US. The EIB is also considering investing in shale gas projects, according to a draft of its new energy lending policy. NGOs accuse the EIB of a “missed opportunity to politically reject coal”. With the EBRD and World Bank also mulling new investment criteria, the battle to “green up” Big Energy Money is heating up.

Source: , New Europe

Environmentalists have reacted angrily to the European Investment Bank (EIB)’s draft energy lending policy, the result of a review process launched last year.