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towards climate-friendly alternatives requires massive investments, especially in central and eastern Europe, where outdated infrastructure and a reliance on fossil fuels persists.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
Voices of transition: Shaping the just transition future
Campaign update | 20 November, 2024CEE Bankwatch Network is pleased to invite you to the event ‘Voices of transition: Shaping the just transition future’ on Thursday, 5 December 2024 from 10:00 to 13:00 at the Press Club Brussels.
Read moreNew guidance released for Community-driven Green Deal Actions
Campaign update | 4 November, 2024Collecting experience from 24 local actions across Europe to highlight how communities can help advance European Green Deal objectives, a new guide presents concrete ideas on six different topics.
Read moreJobs after Coal: The Just Transition Fund makes its first major move in Poland
Blog entry | 18 October, 2024Launched in May 2024, the Jobs after Coal programme, a pioneering initiative funded by the Just Transition Fund, is designed to address the socio-economic challenges of transitioning away from coal in Eastern Wielkopolska.
Read moreRelated publications
Green Solidarity: Guiding principles for a truly just Social Climate Fund
Briefing | 6 November, 2024 | Download PDFThe Social Climate Fund (SCF) was established by the EU to help alleviate the negative social and economic impacts of the new Emissions Trading System (ETS2), which introduces a carbon price on transport and heating.
Vital conditions to support businesses towards a stronger, fairer and more sustainable economy
Joint statement | 6 November, 2024 | Download PDFThis document brings insight in to how public finance can foster green manufacturing, support innovative start-ups, and facilitate the transformation of industry and its supply chain.
Looking beyond the hype: Public funding of hydrogen in central and eastern Europe
Report | 31 October, 2024 | Download PDFThis briefing analyses over-optimism about hydrogen’s role in the central and eastern European Member States – Hungary, Poland and Romania.
