European Bank for Reconstruction and Development and coal financing: Get your facts straight

Posted on 17 October 2013    
WWF calls on the Bank to say goodbye to old-fashioned king coal and invest more in renewables and energy savings.
Tomorrow, the European Bank for reconstruction and Development's board of directors will decide on a new energy policy for the next 5 years.

WWF urges the EBRD’s board members to announce a clear phase-out of support for coal and to support energy efficiency as well as renewables as the new norm in energy production

The EBRD must rise to the challenge of international development finance and join the World Bank and the European Investment Bank in ending funding coal projects.

Want to know more about where the EBRD money goes to and what the impact of its coal investments is? Get your facts straight here.