While Estonia plans to use a large part of its EU funds investments for infrastructure projects in the public sector, there is no real political will to reduce the use of fossil fuels.
The millions of EU Cohesion Policy money are choosing the ‘darker side’ of Latvia’s renewable energy sources.
The Czech Republic’s EU funds’ documents tick all the formal boxes, but the carbon intensity of its economy will most likely not change much.
Billions of euros of European funds will be invested in Poland between 2014 and 2020 under the heading of sustainable development and climate action. But without sound strategies and political will to decarbonise its economy, Europe’s biggest coal addict is set to waste the transformative potential of EU money – and Brussels is letting it happen.
Misuse of EU funds holds back Europe’s clean energy transition
January 26, 2016 | Read more
The new member states from Central Europe misuse the EU funding aimed at decarbonising their energy systems.
The World Bank is currently inviting comments for its consultation on disclosure in public-private partnership projects. Deadline for inputs 29th February 2016.
