The “Fossil Free EIB” campaign is organized jointly by various civil society organizations across Europe and beyond. We aim to ensure that the European Investment Bank (EIB) no longer invests in fossil fuel projects and aligns itself to the requirements of the Paris Climate Agreement.
As organizations working to build equitable societies through sustainable finance and determined to protect our environment and our climate, we believe that public banks such as the EIB should lead the way out of the fossil-fuel based economic system that has brought our planet to the current climate emergency.
Following a successful campaign around the energy policy of the EIB in 2019 and the decision of the bank to phase-out support to fossil fuels, the campaign now focuses on setting a precedent via aligning all EIB operations with the Paris Agreement on climate.
This website has been produced with the financial assistance of the European Union, the Minor Foundation for Major Challenges, the European Climate Foundation and the Polden Puckham Charitable Fund. The contents of this website are the sole responsibility of Counter Balance and can under no circumstances be regarded as reflecting the position of the European Union, the Minor Foundation for Major Challenges, and the Polden Puckham Charitable Fund