In this open letter to the European Commission, 225 scientists, financial institutions and NGOs sound the alarm about a proposal to classify new fossil gas projects as environmentally sustainable under the EU Taxonomy of Sustainable Investments.
The signees call on President von Der Leyen, Vice-President Timmermans and Commissioner McGuinness to listen to the scientists’ recommendations and not cave into the vested interests of the gas lobbies and the falsehoods they have been promoting.
After declaring itself a ‘climate bank’, the EU investment bank still financed new roads and airport expansions.
T&E's analysis of gaps and opportunities for the European Investment Bank’s transport lending.
The European Commission missed a big opportunity to create a cleantech bazooka.