EU funds fossil gas in Poland and Romania despite climate goals
June 6, 2023
More than EUR 1.5 billion in EU funds has been provided to Poland and Romania for fossil gas projects since 2014. The two governments have earmarked even larger sums for the current EU budget period despite the bloc’s goals of reducing greenhouse gas emissions, according to a report released today by CEE Bankwatch Network.
Energy insecurity: EU funds for fossil gas in Poland and Romania contradict climate goals
June 6, 2023
This report reveals how much EU public money has been channelled toward the expansion of fossil gas infrastructure in Poland and Romania since 2014 as well as what plans these two countries have for using various EU funding sources to finance additional fossil gas projects in coming years.
European Commission urged to act on destructive hydropower projects in Romanian protected areas
May 11, 2023
Bankwatch Romania today submitted a complaint to the European Commission, seeking to reverse an Emergency Ordinance of the Romanian Government, which greenlights nine destructive hydropower projects (1) and is considered to breach three European Union Directives.
Joint civil society letter: Creating a truly Paris-aligned EIB
May 2, 2023
The Fossil Free EIB coalition wrote a joint letter to the European Investment Bank (EIB) to express its views on the upcoming review of the EIB Climate Bank Roadmap.
‘EU climate bank’ keeps back door open for fossil fuel giants
May 2, 2023
The European Investment Bank (EIB) made history with its decision to stop financing fossil fuel energy from 2022 onwards. By adopting the PATH Framework in October 2021, it seemed the EIB had finally set the conditions requiring its clients to disclose information on their corporate-level emissions, as well as decarbonisation plans. But a year later, it made a U-turn.
Clean Heat
April 26, 2023
Clean Heat The cities at the forefront of Europe’s move to fossil-free district heating The need to replace Europe’s dependence on fossil fuels with renewable energy sources has never been more urgent. Heating and cooling account for half of th
Latvia abandons plans for controversial LNG terminal but still needs to ditch fossil gas
April 12, 2023
Latvia’s government announced yesterday (11 April) it is terminating plans for a liquified fossil gas (commonly termed liquified natural gas or LNG) terminal in Skulte.
NGOs take Romania to court in the country’s first climate lawsuit
April 6, 2023
Declic – one of Romania’s most important NGOs – has filed the country’s first ever climate lawsuit for the government’s failure to take appropriate measures to reduce and mitigate the foreseeable risks posed by the climate crisis. Climate activists from Declic also asked the court to issue Romanian Prime Minister Nicoale Ciucă and the Ministers of Environment and Energy with fines for every day of inaction. The case alleges that Romanian officials have breached their legal duties to adopt and implement an energy transition strategy that aligns with the Paris Agreement, keeping the global average temperature below a 1.5°C increase.
Western Balkans: EUR 3.5 billion gas build-out poses economic, energy security risks and threatens green transition
March 30, 2023
Prague, Czech Republic – Plans for EUR 3.5 billion of new gas-fired power plants, pipelines, and liquefied natural gas (LNG) terminals in the Western Balkans would force countries to import far more gas than they have in the past, introducing economic and energy security risks into the region’s already challenging energy transition, finds new research from Global Energy Monitor and Bankwatch.
LNG rush threatens Baltic energy transition: why new LNG infrastructure is a false solution for energy security in the Baltics
March 14, 2023
As a result of Russia’s war in Ukraine, the Baltic states and Finland, which had relied on Russia for fossil gas imports, now lack sufficient alternative infrastructure to cover regional demand. The main efforts to diversify gas sources and reduce regi
