The Climate Bonds Initiative called today for the "greening" of the European Investment Bank (EIB). The call was in response to the EIB's push this week to become the main route for EU climate cash to the developing world.
Speaking in London's Canary Wharf, Climate Bonds Initiative Chair Sean Kidney said: "We support the bank becoming a conduit for European Union climate financing; climate investment banks will be a key part the financing of a rapid transition to a low-carbon economy".