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EIB approves €1 trillion green plan
By EUobserver
European Union governments approved a €1 trillion green "roadmap" for the European Investment Bank (EIB) on Wednesday that will see it stop financing fossil fuel projects and airport expansions, Reuters writes. The €1 trillion is to be spent by 2030 on climate-, biodiversity- and sustainability-focused projects. The bank says "all financing activities" will also be aligned with the Paris climate agreement by the end of this year.