A European Investment Bank (EIB) that would cease lending to coal projects and eventually all fossil fuels is still a dream. However last Thursday we dreamed out loud and imagined how it would be. Effects would be tremendous: the EIB could play a leading role in decarbonising Europe’s energy infrastructure, it would be applauded by EU citizens and receive rewards from organisations like ours. That’s what we wanted to show with our day of action during the Bank’s annual press conference. And here’s the full video.
All we call for is an EU public bank that acts with the future in mind by taking the EU 2050 decarbonisation targets into account.