Calls for climate action grow louder throughout central eastern Europe
October 21, 2019 | Read more
In late September, as part of the Global Climate Strike, an estimated 7.6 million people took to the streets to demand climate action. In central and eastern Europe, this mobilization likely signals important momentum, not least about the prospects of an energy transitions in each of the countries.
Ulaanbaatar is growing, fast. The Mongolian capital has added several hundred thousand people in recent years, many of whom are abandoning the countryside and traditional forms of subsistence herding to pursue opportunities in the city. But the rush to the city is placing pressure on infrastructure like housing, transportation and other essential services.
The Ne Davimo Beograd initiative has this week challenged a decision by the Ministry of Mining and Energy to grant feed-in tariffs to Beo Čista Energija d.o.o. for the planned Vinča waste incinerator in Serbia, to be financed by the EBRD, IFC and Austrian development bank OeEB.
European Commission criticises the EIB’s role as a development bank
October 11, 2019 | Read more
The European Commission recently published an evaluation of EIB development operations under its External Lending Mandate during the period 2014-2018. The Commission’s findings confirm our previous assessments and repeated calls for improvements in the fields of transparency, human rights due diligence and development impacts of EIB projects.
A half trillion euro subsidies scheme and part of the so-called Juncker Plan, the European Fund for Strategic Investment (EFSI) has been portrayed by its promoters, the European Commission and the European Investment Bank as a major success story, albeit with little evidence to back such claims.
Climate neutrality or annihilation?
October 3, 2019 | Read more
Today’s announcement by Estonia to reach climate neutrality by 2050 rings hollow given the country’s plans to increase shale oil production.
