EU bank to stop fossil fuel funding

The European Investment Bank (EIB) has announced it won't fund fossil fuel projects post-2021. Part of the bank's strategy to unlock €1 trillion of climate action investment by 2030, it will help pave the way ...

€10B boost for EU circular economy

A minimum €10 billion will be invested in circular economy projects across the EU over the next five years thanks to a new partnership. The Joint Initiative on Circular Economy was launched this month, bac...

Financial boost for solar industry

The European Investment Bank (EIB) is teaming up with a global alliance of solar energy rich nations to accelerate the development of renewables projects. More than 121 countries comprise the International S...