//European Investment Bank postpones decision on fossil fuel lending

European Investment Bank postpones decision on fossil fuel lending

The European Investment Bank has postponed taking a decision on whether to stop financing fossil fuel projects to November, an official said on Tuesday, as the multilateral lender works out whether to keep financing gas projects for a period. (Reuters, Jonas Ekblom)

Germany, Europe’s biggest economy and the EIB’s biggest shareholder, wants the bank to continue financing projects linked to natural gas.  more…

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