In two separate letters, a group of 70 NGOs and local authorities, as well as another group of around 30 companies, investment groups and scientific institutions, called on the European Investment Bank (EIB) on Monday 7 October to stop lending for fossil fuels.
While welcoming the EIB's commitment, in a project dated 26 July, to stop financing fossil fuels by 2020(see EUROPE B12306A9), the two letters encourage the Bank, each in its own way, to fulfil its commitment. In eight days, the EIB's...