The European Investment Bank's (EIB's) board of directors, made up of representatives from EU member states along with the European Commission, reached an agreement on Thursday on the bank's future energy lending policy that will end EIB financing to unabated fossil fuel projects by 2022. The ban will include fossil gas unless carbon-capture technologies are deployed.
The 11-hour meeting – the third board meeting attempting to reach a consensus on the issue since September – highlighted the divisions among member states on the...
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