Hi John, 

This could be a game changer.

The European Investment Bank - the world’s biggest public lender - wants
to stop financing fossil fuels.

But now the Bank needs its Board, instructed by the finance ministers of
the EU, to give its approval to its new draft policy. The ministers are
the people with the power to make this breakthrough official - or water
down the new lending rules and lose this historic opportunity.

The decision could already happen during the Board meeting on the 10th of
September. It’s going to be a close call. That’s why it’s so important
that we raise the pressure now, building huge and vocal public support to
a Fossil Free EIB. If we succeed, it will be much, much harder for the
undecided Directors to oppose this new lending policy.

[ [link removed] ]Take action now: sign the petition to help put pressure on our finance
ministers, and demand a #FossilFreeEIB!

The European Investment Bank (EIB) is the world’s biggest multilateral
public bank. Each year it invests billions of euros of public EU money.
Its decisions on where this money flows can shape entire economies.

That’s why the EIB’s new “Energy Lending Policy” [1], which defines who
can benefit from the Bank’s loans and guarantees, could be a breakthrough
for the energy transition Europe urgently needs to address the climate
crisis. 

It’s crucial that the politicians - our finance ministers - follow the
EIB’s climate leadership and support the new policy. Some ministers have
already come forward as allies, and some will surely oppose the exclusion
of fossil fuels. It could be down to our pressure to tip the scales.

[ [link removed] ]Sign the petition for a Fossil Free EIB.

We know that public pressure works, because it has worked before. The EIB
already admitted it [2]: it was our Fossil Free EIB campaign, our
petition, our participation in public consultations, and finally our
action at their doorstep which helped push them to exclude all fossil
finance in their draft policy. We need to use this power once again. This
is the last stretch!

Onwards,

Julia for the 350.org Europe team

PS: There’s no time to waste, so take action right now. [ [link removed] ]First, sign the
petition, and follow the next steps to raise the pressure even higher:
we’re directly targeting the media, and the German politicians holding the
key swing vote.

References:

[1] [ [link removed] ]EIB energy lending policy: Supporting the energy transformation.

[2] [ [link removed] ]EIB on Twitter


------------------------------------------------------

- Join us on Facebook here: [link removed]

- Connect with us on Twitter here: [link removed]

- To sign up for email updates (maybe a friend forwarded you this e-mail) go here: [link removed]

- Donate securely online here: [link removed]

- Change your email address, location, or language here: [link removed]



<style type="text/css">

blockquote .original-only, .WordSection1 .original-only {

display: none !important;

}

</style>
<div class=".original-only">

You can unsubscribe from this mailing list at any time:
[link removed]
</div>