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towards climate-friendly alternatives requires massive investments, especially in central and eastern Europe, where outdated infrastructure and a reliance on fossil fuels persists.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
用“不造成重大损害”原则让经济活动真正为实现环境目标作出贡献
Bankwatch in the media | 1 August, 2022导语包含投资(尤其是公共投资)在内的经济活动,需要更严格地审查自身对于绿色转型所作出的贡献和拖累。“不造成重大损害”(DNSH, Do No Significant Harm)原则的应用,便是推动经济活动领域完成这一步骤的关键举措。然而,针对欧盟“国家复苏与韧性计划”( …
Read moreFinancing opportunity for youth-led projects in transition regions across the EU
Bankwatch in the media | 27 July, 2022Young people will soon have the opportunity to apply for up to €10,000 in funding to organise local projects and contribute to a just and …
Read moreRiding roughshod over EU environmental and public consultation rules risks boomerang effect for renewables development
Blog entry | 25 July, 2022In an attempt to end reliance on Russian gas, the European Commission is seeking to speed up renewable energy deployment. But its proposals threaten to erode decades of hard-won EU environmental and public consultation achievements.
Read moreRelated publications
Local authority planning for a just transition: Why Western Balkan coal regions should create their own redevelopment plans and how it can be done
Report | 26 April, 2024 | Download PDFFrom December 2020 to December 2023, the European Union implemented its first Initiative for coal regions in transition in the Western Balkans and Ukraine
Following the money: Poland
Briefing | 22 April, 2024 | Download PDFThis briefing provides an overview of the just transition envisioned in the Polish Territorial Just Transition Plans for the four regions designated to receive money from the Just Transition Fund.
Following the money: Bulgaria
Briefing | 9 April, 2024 | Download PDFThis briefing provides an overview of the just transition envisioned in Bulgaria’s Territorial Just Transition Plan for the four regions designated to receive money from the Just Transition Fund.