Scaling up ambition: The EU bank presents new policies and targets at #COP25

Scaling up ambition: The EU bank presents new policies and targets at #COP25

• EIB Group financing will support EUR 1 trillion of climate action and environmental sustainable investment in the decade to 2030
• EIB Group will align all financing activities with the goals of the Paris Agreement from the end of 2020
• The EIB will increase its financing activities dedicated to climate action and environmental sustainability to reach 50% of its operations in 2025
• The EIB will phase out financing for fossil fuel energy projects from the end of 2021 (...)