Connect with us

Hi, what are you looking for?


EU countries stall EIB plans to phase out funding for fossil fuels


The European Investment Bank (EIB) on 15 October postponed taking a decision to next month on whether to phase out lending to fossil fuels, following objections from the European Commission and some EU Member States, including Germany, Italy, Poland and Latvia want the bank to keep funding certain gas projects to help the transition from coal or nuclear power, or for energy security reasons.

EIB President Werner Hoyer, who is committed to align all the EIB operations with the Paris Agreement …

This story is part of New Europe’s Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑



You May Also Like


BongaCams, the world’s most popular webcam site, has issued its first exclusive collection of NFTs!  The collection celebrates BongaCams’ 10th birthday coming up in...


Despite all the progress, prejudices and stereotypes are still strong in society. People often judge a person by his or her appearance, and if...

Trending news

Curb the attack! is the title of Brussels Ukraїna Review’s special issue about the threat of a full invasion of Ukraine by Russia. The...


The new government of the Czech Republic published its programme on January 7 announcing it will exit coal by 2033. It’s the 22nd European...

Brussels Says