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23 Feb 2011 12:02:16

EBI spent 30% in green energy projects

The European Investment Bank (EIB) has announced that loans to green energy projects rose to €19bn (£16bn) last year, representing a record 30% of its overall spends. This is just days after a report released by Germany's Potsdam Institute for Climate Impact Research (PIK) found that concentrating investment around green projects would yield Europe’s GDP gains of €600bn and more than six million jobs.

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