Dear John,

Late last night, the European Investment Bank (EIB), the world’s largest
international public bank and the €555bn lending arm of the EU, adopted a
new lending policy that will soon cut finance to most fossil fuel
projects! 

This is a victory for the climate movement, but the fight isn’t over. Even
in the case of this win, there are still loopholes that may allow for
continued financing of fossil gas projects. 

[ [link removed] ]To continue fighting for groundbreaking victories like this one and to
keep up the pressure on European institutions, we urgently need people to
step up and help fund our campaigns. Can you become a monthly supporter of
350.org? 

[ [link removed] ]Can’t make it monthly? Click here to make a one-time donation.

When it comes to undermining progress, we know where the blame lies.
Supposed ‘climate leader’ Germany has been supporting new fossil gas
projects all over Europe - infrastructure that would lock us into decades
of dependency on dangerous fossil fuels and undermine our efforts to
deliver climate justice.

The European Commission even lobbied for fossil gas to be allowed within
the fossil-free lending plan. In a recent list of new infrastructure
projects that would still be eligible for priority funding, the Commission
included over fifty fossil gas projects. This cannot continue. 

[ [link removed] ]Can you become a sustaining supporter today to help fight against the
fossil fuel industry?

[ [link removed] ]Or, click here to make a one-time donation today.

Thanks to a strong coalition of NGOs and grassroots groups across Europe,
we were able to put on the pressure when the EIB announced a public
consultation period of the lending program which was, in large part, what
made this victory possible.[1] 

350 supporters like you sent postcards and faxes to ministerial targets,
built public pressure through petitions and digital actions and organized
across Europe to pressure the EIB to put a stop once and for all to fossil
fuel lending. 

But, John, the fight isn’t over. Here at 350, we are
laser-focused on stopping the financing of fossil fuel projects and
keeping fossil fuels in the ground in Europe and around the world. Thanks
to the support of people like you we are able to plan for big bold
campaigns worldwide. Can we count you in?

[ [link removed] ]Click here to sustain this work with a monthly donation and say NO MORE
to the dirty fossil fuel industry. 

[ [link removed] ]Every little bit helps, can you make a one-time donation today?

Onwards,

Matilda - for the 350.org team

[1] [ [link removed] ]EIB


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