Brussels, 31/10/2006 (Agence Europe) - The European Investment Bank (EIB) last week reviewed its financing targets for energy projects that help to implement the relevant EU policies. The Bank will concentrate on five target areas: large projects, energy efficiency, renewable energy, R&D for energy, and cooperation on energy outside the EU.
EIB energy lending as a percentage of its total lending in the EU has declined from 23% in the 1980s to 9% for the period 2000-2005. These figures...