CBAM’s coming, it’s time to put a price on carbon!
June 15, 2022 | Read more
Electricity* traded between Western Balkan countries** and the EU will need to embed the cost of CO2 in its final price, potentially from as early as 2025.
On the (long) road to recovery: Poland’s plan greenlit
June 14, 2022 | Read more
Poland’s recovery plan has finally been endorsed by the Commission after over a year of negotiations. Despite multiple declarations from government officials that talks would finish quickly, the plan worth EUR 35 billion was put on hold for an extended period of time because of the Commission’s concerns about the rule of law in the country. Is Poland’s recovery plan a wasted opportunity? Not necessarily, but it is not a fully-used one, either.
27 representatives of Ukrainian and international NGOs sent an open letter to Ursula von der Leyen, president of the EU Commission. In the letter, they call for the integration of accountability and transparency, wider participation in decision-making, and incorporation of the green principles within Ukraine’s reconstruction process.
The 2022 EBRD Annual Meeting was held in the city of Marrakesh, Morocco. Although taking place far away geographically, the topic of Ukraine dominated the agenda. Will the EBRD ensure its funds for the country’s reconstruction are used in the most efficient, green and inclusive way?
In 2020, Montenegro received widespread praise for being the first Western Balkan country to introduce carbon pricing. Less than a year later, however, the scheme’s shortcomings were exposed. What can other Western Balkan countries learn from this experience?
Pouring millions from empty into the void
May 30, 2022 | Read more
EBRD and EIB investments in Bulgarian hydropower have once again been hit by scandal with the recent failure of the Chaira pumped storage plant and revelations about the illegality of small hydropower plants. The planned Yadenitsa dam would be more of the same: will the EBRD and EIB be wise enough to say no?
