This week the EIB started the process of reviewing its Energy Sector Lending Policy by inviting public stakeholders to give input. Counter Balance immediately reacted to the public consultation process by sending a letter to the president, the management committee and the directors of the bank which outlines our expectations.
We believe the bank has an important role to play in leading the EU towards its goals of decarbonisation. But this should happen under certain conditions. By the end of the year we will extend our input by further explaining how we see these conditions, formulating no-go zones and defining priorities.