Gas and the European Investment Bank: Why New Gas Infrastructure Investment Is Incompatible with Climate Goals

June 12, 2019By Oil Change InternationalBriefings, Fossil Gas, Stop Funding Fossils

There is no room for further financing of fossil gas or any other fossil fuel projects by the EIB. This briefing calls for the new Energy Lending Policy to reflect this reality. The EIB cannot claim to uphold its commitment to align its finance with the Paris Agreement if it continues to finance fossil gas projects.