12 Durban Snips: EIB mixes great works with lunacy; WB too; India solar cost down 38%; Trevor Manuel; Korea; Karen Ireton on IFC; Nedbank; Pachauri & more
Submitted on Thu, 2011-12-08 14:03> The European Investment Bank (EIB) lends more to clean energy than any other bank in the world. That’s something for Europe to be proud of. But CEE Bankwatch has just shown how, in a way that undermines the EU’s emission reduction targets, the EIB also continues to lend to coal-fired power stations. In fact they lent more this year than last.