The EU’s Investment Giant Needs To Step Up On Clean Transport - CleanTechnica

The article discusses the European Investment Bank’s (EIB) role and responsibilities in advancing clean transport within the EU. While the EIB has made significant investments in road and rail electrification and urban mobility, it still supports some fossil fuel-related projects and technologies like plug-in hybrids, LNG, e-fuels for road transport, and biofuels. Notably, the bank’s €800 million loan to expand Spanish airports contradicts its climate commitments. The EIB’s current 2020–2025 Climate Bank Roadmap (CBR1) aimed to align operations with EU climate goals and surpass 50% green lending, but the upcoming 2026–2030 roadmap (CBR2) maintains the same green lending target without raising ambition, missing an opportunity to deepen climate action. Looking ahead, the article highlights three key investment priorities for the EIB to enhance its climate impact: first, supporting clean fuels for aviation and shipping, sectors that remain difficult to decarbonize and urgently