Failing better or climate success? Briefing on the European Investment Bank and support to fossil fuels
NGOs urge EU bank to quite fossil fuels investments, as it touts its climate commitment at COP24.
While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) still continues to fund climate damaging fossil fuel projects, having disbursed more than EUR 11.8 billion in fossil fuels projects since 2013 – point out NGOs in a new briefing.
Visit the Counter Balance website to find out more: http://www.counter-balance.org/failing-better/
Resource: December 2018
Organisation: Counter Balance, Friends of the Earth Europe, Bankwatch Network, Les Amis de la Terre, WWF, OilChange, Christian Aid, CAN, LINGO
Resource URL: http://www.citizensforfinancialjustice.org/wp-content/uploads/2018/12/Counter-Balance-Failing-better-or-climate-success.pdf