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Germany: Federal Government disagree on the promotion of gas projects by the EIB


TIME ONLINE | News, backgrounds and debates

Berlin (AFP) The Federal Government will probably have to abstain in a groundbreaking decision on the European Investment Bank's (EIB) energy policy. Finance Minister Olaf Scholz (SPD) supports the EIB's plan to exit fossil fuel investments, a spokeswoman for the ministry said Tuesday news agency AFP. So far, however, the German government has not had a unified position and Germany will therefore "not be able to agree to the new climate-friendly financing guidelines".

Source: zeit

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