Europe has ambitions to become the first climate–neutral continent. But transforming energy systems, especially in central and eastern Europe, requires substantial investment due to outdated infrastructure and reliance on fossil fuels.
While the EU budget currently funds this transition, the key challenge is to ensure impactful, high-quality investments that are both environmentally and socially just.
Involving citizens in investment decisions leads to better outcomes, including greater acceptance, a stronger sense of ownership, and fewer harmful projects.
Bankwatch works to align EU financial flows with the European Green Deal objectives, ensuring they meet the needs of people and the planet.
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
Bulgarian court rules out Sofia waste incinerator plant due to unassessed health risks and lack of public consultation
Press release | 26 September, 2023After eight years of litigation, Sofia’s Administrative Court overturned the environmental impact assessment (EIA) for a waste incineration plant in the Bulgarian capital. Expected to burn processed waste in the form of refuse-derived fuel (RDF), the plant would have put the health of Sofia’s residents at risk, polluted the air, generated toxic ash and created additional traffic, the court ruled.
Read moreWhy we’re taking legal action on renewables permitting
Blog entry | 22 September, 2023It 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.
Read moreHungarian public given just two weeks to voice concerns over EUR 5.5 billion REPowerEU chapter
Blog entry | 7 August, 2023Despite months of preparatory negotiations between the Hungarian government and the European Commission, the Hungarian public has only two weeks in August to participate in the public consultation on the extensive 67-page draft REPowerEU chapter before it’s submitted to the European Commission by 31 August.
Read moreRelated publications
Protecting the just transition in the EU’s proposed national and regional partnership plans
Briefing | 13 March, 2026 | Download PDFThis briefing analyses the next EU budget proposal from a just transition perspective.
From just transition to competitive decarbonisation: What the EU’s new policy architecture means for regional cohesion
Report | 5 March, 2026 | Download PDFThis report investigates the main objectives and instruments of this new policy shift and how it affects the EU’s just transition regions.
Citizens’ forums driving decarbonisation in central and eastern Europe: Lessons in public participation
Briefing | 25 February, 2026 | Download PDFAcross nine countries in central and eastern Europe, citizens’ forums have been tested as practical tools for involving local voices in decisions regarding decarbonisation
