This year’s COP29 United Nations Climate Change Conference in Baku never looked like a serious attempt to tackle the global climate emergency. After all, its hosts plan to increase oil and gas production by a third over the next decade – hardly a sign of climate leadership.
Despite the EU’s seemingly unending enthusiasm for hydrogen as a decarbonisation tool, there’s increasing concern over the risks of investing in unproven, inefficient or ineffective production methods and applications.
The EBRD has made significant investments in solar, wind and energy efficiency in recent years. But these have been undermined by its continued support for fossil fuels. This April, a EUR 98 million loan for the Greece to North Macedonia pipeline was approved, despite major leaks in the Bank’s rationale for supporting it. Recent delays have further exposed the flawed assumptions behind the project, as our new briefing shows.
The World Bank has vast experience in post-disaster and conflict reconstruction projects across various regions and settings. These previous experiences must be utilised to ensure that Ukraine’s reconstruction considers all aspects of life in a complex, holistic, and multidimensional process. Success depends on combining physical reconstruction with elements of the rule of law, good governance, strengthening democratic institutions, and restoring society.
Romania’s gas-fuelled climate plan lacks green ambition
November 7, 2024 | Read more
After missing the legal deadline of 30 June 2024 by four months, Romania has finally submitted its national energy and climate plan (NECP) to the European Commission. However, despite the delay, several critical issues remain unresolved from the draft plan submitted in December 2023.
Launched in May 2024, the Jobs after Coal programme, a pioneering initiative funded by the Just Transition Fund, is designed to address the socio-economic challenges of transitioning away from coal in Eastern Wielkopolska.
