EIB to borrow some 50 billion euros in 2020, invest one third in green projects
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BRUSSELS (Reuters) - The European Investment Bank is likely to borrow some 50 billion euros on the market in 2020, roughly the same as in 2019, and increase its financing of projects to fight climate change above the 31% share of 2019, the bank's president said on Thursday.The EIB, the world's largest multilateral investment bank, is key in leveraging EU funds to generate 1 trillion euros of investment over the next 10 years to finance the EU goal of becoming neutral in terms of CO2 emissions by..