Europe has ambitions to become a global leader in the fight against climate breakdown. Transforming the continent’s energy systems and shifting towards climate-friendly alternatives requires massive investments, especially in central and eastern Europe, where outdated infrastructure and a reliance on fossil fuels persists.
The good news is that the EU has the financial means to fund this transformation. The challenge is ensuring that the investments of today are geared towards addressing the climate crisis and Europe’s declining state of nature.
We know that when people have a voice in investment decisions, the results speak for themselves: more acceptance and ownership of spending and a greater chance that harmful and wasteful projects are avoided.
We work to ensure that EU financial flows address the climate crisis and do no harm to people and nature. We do this by involving the public in the design and spending of EU investments.
IN FOCUS
Just transition
Countries across central and eastern Europe are committing to quit coal and shale oil. Now the task is to ensure that the just transition is driven from the bottom up and leaves no one behind as we move towards a sustainable energy future.
Building back biodiversity
Threats facing biodiversity are increasing alongside the drivers of the climate crisis. But investments in climate protection should not come at the expense of those that can help biodiversity. The two crises of climate and biodiversity are interconnected and both must be tackled together, because only by investing in nature can we tackle climate change.
RegENERate: Mobilising Regions for Energetic Re-development and Transformative NECPs
The overall objective of the project is to support the CEE countries’ contribution to the EU efforts towards a net-zero emissions future. The project will contribute to more ambitious and effective climate and energy policies in CEE, backed by a long-term commitment to phase out fossil fuels, improve energy efficiency and promote renewable energy.
RePower the Regions: Ambitious and inclusive clean energy plans for repowering the just transition regions
The participation and leadership of carbon-intensive regions in transitioning to clean energy solutions are prerequisites for achieving EU climate neutrality by 2050. Building on this premise, RePower the Regions aims to ensure that the regions’ clean energy plans are aligned with EU 2030 climate goals and have strong support locally, and to provide practical guidelines and roadmaps on how to repower the regions.
Latest news
Beyond profit: Launch of report on EU’s green finance challenges
Press release | 12 March, 2024Ahead of the upcoming EU elections, uncertainty surrounds the financing of the EU’s climate agenda and the future of flagship initiatives such as the European Green Deal and the NextGenerationEU fund. Despite ambitious intentions, progress on environmental sustainability and economic recovery is failing to improve people’s well-being, according to a new report by the Citizens’ Observatory on Green Deal Financing.
Read moreReform and growth, or spray and pray?
Blog entry | 7 March, 2024The European Commission’s proposed Western Balkans Reform and Growth Facility lacks clear goals, focus, public participation, and EU oversight. So the European Parliament now has its work cut out to whip it into shape before the Facility is set up later this year.
Read moreHalfway there but facing a mid-life crisis: why the EU’s recovery fund is failing to deliver
Press release | 21 February, 2024The European Commission’s mid-term evaluation of the Recovery and Resilience Facility, published today, delivers an overly positive assessment. According to CEE Bankwatch Network, the EU’s landmark fund, which was expected to bring about a ‘green recovery’, still faces numerous implementation challenges.
Read moreRelated publications
Beyond profit: How to reshape the European Green Deal for people’s well-being
Report | 12 March, 2024 | Download PDFThis searing report by the Citizens’ Observatory on Green Deal Financing analyses key EU funding mechanisms and exposes significant shortcomings in strategic priorities and implementation.
The Wisłoka: Overcoming barriers on a Polish river
Briefing | 8 March, 2024 | Download PDFThis case study highlights the Wisłoka Without Barriers project, a sustainable approach to river continuity that led to the removal of barriers, allowing aquatic organisms to swim freely once again.
Navigating the just transition: A manual for effective capacity-building events
Manual | 29 February, 2024 | Download PDFThe manual provides an easy-to-use and concise overview of the key elements involved in organising capacity-building events in just transition regions.