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Home > Archives for Finance and biodiversity

Finance and biodiversity

Aqueduct in Italy breaches EU laws and endangers biodiversity

November 24, 2023

In times of pressing climate and biodiversity crisis, the Lazio region and the Italian government are supporting a controversial project to double the Peschiera–Le Capore aqueduct, breaching several EU Directives, and not taking into account people who live in the area and their needs. Moreover, the project, partially supported by EU funds, could potentially endanger six Natura 2000 sites and already exploited local water resources.

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Manifesto on the future of EU public finances: our priorities for delivering a just and ecological transformation

November 24, 2023

This manifesto presents priorities for delivering a just and ecological transformation, prepared by the coalition Citizens’ Observatory for Green Deal Financing. 

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A Latvian forest the size of 237 football pitches cut down for an industrial park

November 17, 2023

A pristine biodiverse forest in eastern Latvia is being cleared to make way for an industrial park. Even though the project has yet to be approved, half the forest has already been logged to make way for the development. Not only that, the public consultation and social and environmental assessment have been inadequate. The project promoters now expect getting the green light.

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The European Bank for Reconstruction and Development must do more to safeguard biodiversity in its new environmental policy

October 4, 2023

As the global biodiversity crisis grows ever more urgent, the European Bank for Reconstruction and Development’s (EBRD) environmental policy and practice is proving insufficient to prevent harm to nature, let alone allow its restoration. The Bank’s review of its environmental and social policy in the coming months must provide a proportionate response to the scale of the problem.

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Planning for social justice in Territorial Just Transition Plans in central and eastern Europe. September 2023 update – part II

September 28, 2023

This briefing’s main objective is to provide an analysis of how the Territorial Just Transition Plans for seven countries (the Czech Republic, Estonia, Hungary, Latvia, Poland, Romania and Slovakia) approach social issues related to the impacts of the transition on women, youth and various other vulnerable groups. 

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Why we’re taking legal action on renewables permitting

September 22, 2023

It might seem counterintuitive for organisations that promote a sustainable energy transition to challenge EU initiatives to speed up renewable energy deployment. But due to undemocratic decisions that undermine environmental safeguards and public participation, that’s what we’ve been compelled to do.

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Mapping the road to a just transition in central and eastern Europe: an analysis of Territorial Just Transition Plans in 7 countries. September 2023 update – part I

September 21, 2023

Following the brief introduction to the Just Transition Mechanism, this briefing provides an analysis of the approved Territorial Just Transition Plans and identifies what these countries actually intend to do to alleviate the impacts of the transition to carbon neutrality.

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​​​​​​​​​​​​​Skavica mega dam: Albanian court to scrutinise special law for U.S. contractor Bechtel

September 21, 2023

Nature conservation and human rights organisations have secured an important first milestone in the fight against the planned 210 MW Skavica hydropower plant in the Albanian municipalities of Kukës and Dibër.

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Renewables boost much-needed, but weakening of environmental safeguards inexcusable

September 12, 2023

The European Parliament plenary today approved an updated Renewable Energy Directive setting a new renewable target of 42.5 per cent by 2030. The changes give a much-needed boost to small-scale solar and heat pumps, but undermine existing environmental legislation. Some renewables will be allowed to skip crucial environmental assessments and more damaging projects will be allowed in the EU’s protected natural areas.

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Chinese-built Dabar hydropower plant in Bosnia and Herzegovina set to destroy four Emerald and two Ramsar sites

July 31, 2023

If completed, the EUR 338 million project would violate a Recommendation of the Bern Convention No. 217 (2022) and leave tributaries of the Neretva river without water. People living in the Nevesinjsko karst field oppose resettlement and flooding of their houses and land.

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