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Home > Archives for Finance and biodiversity

Finance and biodiversity

Status of the Territorial Just Transition Plans in central and eastern Europe: December 2021 update – Annex: Slovakia.

March 10, 2022

This annex to the December 2021 update on the status of the Territorial Just Transition Plans in central and eastern Europe provides additional data for Slovakia.

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Komarnica hydropower plant, Montenegro

March 9, 2022

Planned by Montenegro’s state-owned electricity utility EPCG, the need for the Komarnica hydropower plant has never been proven.

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Applying the ‘do no significant harm’ principle in practice: examples of reforms and investments under national recovery plans that will cause harm to the environment

March 8, 2022

This joint letter, prepared by CEE Bankwatch Network, EuroNatur, WWF and ReCommon, raises concern about the application of the EU’s ‘do no significant harm’ principle under the Recovery and Resilience Facility (RRF). The letter is accompanied by a seri

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EU funds and biodiversity

March 4, 2022

Nature in Europe and beyond is in crisis. 81% of habitats in the EU are in ‘poor condition’, and without swift action this will only become worse. We need systemic and wide-reaching action and investments to tackle biodiversity loss and help restore nature before it is too late. The EU has pledged at least 20 billion per year from the EU budget to be earmarked for biodiversity by 2027, offering enormous potential to restore and protect nature, providing this is properly invested. We are closely monitoring the negotiations around the 2028–2034 EU budget, to improve the use of EU biodiversity financing and to ensure these public funds work for – not against – nature.

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EU Taxonomy proposal welcomed by CEE governments, spells trouble for energy transition

February 24, 2022

With the clock ticking on humanity’s need to cut global emissions, the European Commission’s proposal to label fossil gas and nuclear power ‘sustainable investments’ will undermine the effort to expand renewables and step up energy efficiency. As EU governments and the European Parliament currently examining the so-called EU Taxonomy, policymakers in Hungary, Bulgaria, Poland, Romania and Czechia have already welcomed the text.

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Male hidroelektrane – energetski potencijal ili ekološka opasnost?

February 21, 2022

Kakav vazduh udišemo, da li ugrožavamo biljni i životinjski svijet oko nas? Kakvu budućnost ostavljamo svojoj djeci? Pitanja su koja uvijek …

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Republika Srpska moves ahead of its neighbours in virtually halting hydropower subsidies for new plants

February 15, 2022

Last week the Republika Srpska parliament adopted a new law on renewable energy that will help to stem the ongoing boom of highly damaging small hydropower plants. This puts it ahead of many of the region’s governments in changing the rules on renewables support.

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Cutting hydropower subsidies – how are the Western Balkans doing?

February 15, 2022

The small hydropower boom, which has damaged pristine rivers and streams across the Western Balkans, has largely been fuelled by generous feed-in tariffs. In this briefing, we take a look at recent progress towards changing the rules on renewables support in the region.

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EIB kaže da nema potvrdu da projekti koje finansira u Srbiji krše propise

February 8, 2022

Evropska investiciona banka (EIB) saopštila je za Radio Slobodna Evropa (RSE) da u ovoj fazi nema potvrdu da projekti malih …

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WWF Adria, environmentalists, complain about EIB financing harmful MHP in Serbia

February 7, 2022

The Rzav Environmental Association from western Serbia and the CEE Bankwatch Network, supported by the World Conservation Organisation WWF …

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