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Home > Bankwatch in the media > Progress with EU recovery fund hampered by fossil fuels investments and threats to nature

Progress with EU recovery fund hampered by fossil fuels investments and threats to nature

4 February 2022, The Romania Journal

Genuine efforts by Member States to direct spending from the EUR 672 billion Recovery and Resilience Facility towards climate action are being undermined by investments that are likely to harm the environment and climate, finds a new report by CAN Europe and CEE Bankwatch Network.

Source: Progress with EU recovery fund hampered by fossil fuels investments and threats to nature

 

Location: Romania

Tags: EU Recovery Fund | EU funds | Recovery and Resilience Facility

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