Source: Manana Kochladze, Project Syndicate

BRUSSELS – Over the past four years, the European Investment Bank – the European Union’s house bank – has loaned €48 billion ($62 billion) to energy projects around the world. Indeed, the EIB lends more to the energy sector than to any other, except transport (and its €72 billion total loan portfolio in 2010 made it a bigger lender than the World Bank).

Source: , ENDS Europe

Source: Damian Carrington, Environmental Expert

The world's biggest lender to energy and climate action projects almost doubled the funds given to fossil fuels between 2007 and 2010, a new report (PDF) published on Thursday reveals.

Source: Damian Carrington, Business Green

The world's biggest lender to energy and climate action projects almost doubled the funds given to fossil fuels between 2007 and 2010, a new report (PDF) published on Thursday reveals.

Source: Damian Carrington, The Guardian

The European Union has made €5bn of fossil fuel loans through its financial arm despite carbon reduction targets for members

Source: Arthur Neslen, EurActiv

The European Investment Bank has been accused of funding the fossil fuel industry with €16 billion of loans since 2007, more than that stumped up for any other energy source.

Source: Sally Bakewell, Bloomberg

The European Union was criticized for making 5 billion euros ($6.7 billion) of fossil-fuel loans through its financial arm, while pushing for a carbon-dioxide emission-cutting policy across the 27-member bloc.