350.org Issues Statement on European Investment Bank Postponed Energy Lending Policy
October 15, 2019
October 15, 2019
NEW YORK, Oct. 15 -- The 350.org issued the following statement by Europe Campaign Manager Tim Ratcliffe:
The European Investment Bank decided today to again postpone the adoption of its new Energy Lending Policy, which proposes to end financing of fossil fuel projects.
Tim Ratcliffe, Europe Campaign Manager at 350.org comments:
"The climate crisis requires that we stop pouring money into coal, oil and gas projects urgently. There is no time to lose. . . .
The European Investment Bank decided today to again postpone the adoption of its new Energy Lending Policy, which proposes to end financing of fossil fuel projects.
Tim Ratcliffe, Europe Campaign Manager at 350.org comments:
"The climate crisis requires that we stop pouring money into coal, oil and gas projects urgently. There is no time to lose. . . .