European lenders will be among the world leaders in supporting efforts to address the impact of climate change in an era of naysayers, the EIB president said. The World Meteorological Organization reported last week that global average temperatures in 2016 hit records highs for the third consecutive year. Werner Hoyer, the president of the European Investment Bank, told delegates in Brussels the lender was doing its part by hitting its lending targets for climate action every year since 2010. “Over the next five years we’re determined to deliver $100 billion of climate-action finance, the largest contribution to climate action of any single multilateral institution,” he said. His speech comes during the first full week in office for […]