EIB says too early to declare victory in battle to end fossil fuel funding

LUXEMBOURG (Reuters) - It is too early to say the European Investment Bank (EIB) has won its battle to end funding of fossil fuel projects, the bank's president said on Monday, after European Union finance ministers backed such a move on Friday. Werner Hoyer said EU governments remained divided on the issue and a final decision was still to be made. On Friday, EU finance ministers in an unprecedented move backed the EIB's call to phase out its funding of gas, oil and coal projects to help combat..