Premium Industrial News No More Funding for Upstream Oil & Gas, Says European Bank for Reconstruction and Development
No More Funding for Upstream Oil & Gas, Says European Bank for Reconstruction and Development
Industry Segment: Production | Word Count: 704 Words
GALWAY, IRELAND July 21, 2021 Written by Martin Lynch, European News
Editor for Industrial Info (Galway, Ireland) One of Europe s leading financial lending institutions, the European Bank for Reconstruction and Development (EBRD), is to stop investing in upstream oil and gas projects in the coming year.
Within this article: Details change in energy funding policy, current investment levels, growing shift away by financial institutions from fossil-fuel investments in Europe, related stories
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