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The Largest Public Financing Bank in the World – Withdraws from Fossil Fuel Investing

Positive Future #621 (Feature photo – European Investment Bank Creative Commons Attribution-Share Alike 3.0 Unported, Palauenc05)

Energy Central brings us news of the European Investment Bank. It has pledged to end most or all of its financing of fossil-fuel energy projects. The bank also declared its intent to devote financing to clean energy and renewables to the tune of $1 trillion over the next 10 years. You can read the full story here:

https://www.energycentral.com/c/ec/world%E2%80%99s-biggest-public-lender-announces-end-fossil-project-funding

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