EIB – RENEWABLE ENERGY
June 1st, 2004
BY ALAN OSBORNThe European Investment Bank has announced a new commitment to supporting renewable energy, pledging to increase its lending for RE by up to 50 per cent of its total financing for electricity generation in the EU by 2010. The EIB, the EU's leading institution for capital investment and lending, has already provided more than 1.6 billion euros for RE in the last five years but is anxious to increase its commitments to take account of the EU's environmental objectives.In a 6-point plan announced at the recent International Conference for Renewable ...
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