EU state aid rules must finally end environmentally harmful subsidies for energy projects
Blog entry | 12 January, 2021As the European Commission reviews its Guidelines on State Aid for Environmental Protection and Energy, it must finally stop subsidies for activities contradicting EU climate and environment policies.
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EU Ombudsman launches investigation into financing of Europe’s largest fossil fuels project
Press release | 17 December, 2020The European Investment Bank (EIB) has dangerously downplayed the contribution of the controversial Southern Gas Corridor to the unfolding climate crisis, according to a complaint that prompted the European Ombudsman to open a formal inquiry.
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EC must heed Ombudsman’s warning on gas gaffe beyond the EU
Blog entry | 16 December, 2020Every two years, under the TEN-E Regulation, the European Commission selects a list of energy infrastructure projects as so-called Projects of Common Interest (PCIs), which receive privileged access to public financing.
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Czech Coal Commission likely to approve 2038 as coal phaseout date in key vote tomorrow
Press release | 3 December, 2020Prague -The Czech Coal Commission is likely to approve a risky, late coal phaseout date for the country when it meets this Friday, December 4.
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Czechia ‘unambitious’ climate laggard according to Commission assessment
Blog entry | 3 December, 2020In October, the Commission a comprehensive assessment of all NECPs that were submitted by Member States earlier in the year. The plans should outline the pathway to achieving the EU’s collective goal of a 40 per cent reduction of greenhouse gas emissions by 2030 (compared to 1990 levels) by increasing the share of renewables and improving energy efficiency.
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Shadowy spending of pandemic funds could dash EU hopes for a green recovery
Press release | 30 November, 2020Member States in central and eastern Europe have provided next to no information about how they intend to spend from the 671 billion euros Recovery and Resilience Facility, a new fund aimed at helping build back better economies in support of the European Green Deal, finds a report from CEE Bankwatch Network.
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Romanian parliament prepares to reject EU Biodiversity strategy for 2030
Blog entry | 27 November, 2020The strategy is one of the pillars of the European Green Deal and an additional strategic support for the green recovery following the COVID-19 pandemic.
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As Romania’s last new coal project is cancelled, a larger gas threat looms
Blog entry | 19 November, 2020Romania’s Minister of Economy, Energy and the Business Environment finally confirmed that no new coal unit will be built in the country.
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NEW REPORT: Is the EIB too faulty to become the ‘EU Development Bank’?
Press release | 9 November, 2020With the EU actively debating the reshaping of its development role in the context of the current global health and economic challenges and the ‘Finance in Common’ summit kicking off today, the European Investment Bank (EIB) is looking to take center stage as the new ‘EU Development Bank’.
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European Commission’s assessment of Romania’s final national energy and climate plan
Blog entry | 29 October, 2020Two weeks ago, the European Commission published its first report on the State of the Energy Union after the adoption of the European Green Deal.
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