The Vienna Forum on European Energy Law is an annual joint initiative of the FSR Energy Union Law Area and the Energy Community Secretariat which aims to bridge the gap in energy debate between the EU and Energy Community. This year, for the 8th edition of the forum, we will be moving online with four webinars across four weeks, focused on the solidarity principle, the European climate law, carbon pricing, and the role of the private sector in the energy transition. In November 2020, a budget of €1 trillion was approved by Member State governments for the European Investment Bank’s green roadmap to 2030. This will be directed toward investment in climate action, biodiversity, and sustainability-focused projects while future financing will be focused on accelerating clean energy innovation, energy efficiency and renewables. As part of its Climate Bank Roadmap, the bank has pledged that all financing activities will be aligned with the Paris Agreement by the end of the year, and funding will no longer be provided to fossil fuel projects or airport expansions by 2021. What will be the scope of this new policy in practice? What will be financed and what will not be financed?

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