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towards climate-friendly alternatives requires massive investments, especially in central and eastern Europe, where outdated infrastructure and a reliance on fossil fuels persists.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.
Latest news
Western Balkans: EUR 1 billion in EU funds to tackle the energy crisis – with gas?!
Blog entry | 7 November, 2022At last week’s Berlin Process Summit, President von der Leyen announced an energy support package of EUR 1 billion in grants to help the Western Balkans address the immediate consequences of the energy crisis. But will it end up being blown on pointless gas infrastructure?
Read moreElképesztően fontos probléma a gázszivárgás – figyelmeztetnek a természetvédők
Bankwatch in the media | 6 November, 2022A teljes kibocsátáson belül csak 13 százalék a metán aránya, de ez a gáz 86-szor erősebb üvegházhatással bír, mint a szén-dioxid, így …
Read moreCOP27 | România are obiective ambițioase pentru limitarea încălzirii globale. Ministerul Mediului: Suntem într-un club select
Bankwatch in the media | 6 November, 2022… „Atingerea țintelor, chiar dacă sunt stabilite și la nivel național, nu se pot realiza individual”, spune ministrul Mediului, Barna Tánczos …
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Briefing | 28 October, 2022 | Download PDFThis briefing provides an overview of public funding and financial instruments for renewable energy source deployment in Latvia that have either already been launched or are planned to be launched in 2022, as well as provides insights on planned programmes that could help finance more renewables in the coming years.
