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European Investment Bank Supports UNDP Campaign to Rethink Subsidies for Fossil Fuels
October 28, 2021
BRUSSELS, Belgium, Oct. 28 -- The European Investment Bank issued the following news release:

In the lead up to the COP 26 global climate conference, the European Investment Bank (EIB) is joining forces with the United Nations Development Programme (UNDP) in highlighting the need for urgent fossil fuel subsidy reform.

Hundreds of billions are spent annually to subsidize fossil fuels for consumers - oil, gas, and coal -, which are destroying our planet while hundreds of . . .

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