Pressure is growing on the European Bank for Reconstruction and Development (EBRD) to agree to tighter regulations on its funding of new coal power plants. Currently half of the EBRD’s $8.9 billion energy portfolio supports fossil fuels, which includes $1 billion in past financing for coal. Recently, the bank drew up new guidelines that propose an emissions cap of 550 grams per KWh, meaning that the only new fossil fuel plants it is likely to support will be natural gas.