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towards climate-friendly alternatives requires massive investments, especially in central and eastern Europe, where outdated infrastructure and a reliance on fossil fuels persists.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.
Latest news
How to win energy sovereignty and avoid a gas trap in Poland
Blog entry | 11 April, 2022Poland’s energy policy has to change urgently in the face of the war in Ukraine. EU funds must finance Poland’s transformation for energy security and sustainability. There is no return to the business as usual when it comes to energy policy.
Read moreBulgaria’s energy transition without Russian fossil gas and new nuclear capacity
Blog entry | 4 April, 2022It’s never been clearer that Bulgaria’s dependence on Russian energy needs to be cut right now.
Read moreΔ.Παπαδημούλης: «Για να πετύχει το Ταμείο Ανάκαμψης, η διαφάνεια και η λογοδοσία είναι μονόδρομος»
Bankwatch in the media | 17 March, 2022Με την ιδιότητα του σκιώδη εισηγητή για το Ταμείο Ανάκαμψης εκ μέρους της Ευρωομάδας της Αριστεράς και του Μέλους της Ομάδας Εργασίας του …
Read moreRelated publications
Assessment of Hungary’s operational programmes
Assessment | 26 May, 2022 | Download PDFThis briefing offers an analysis of Hungary’s draft operational programmes for 2021-2027 and recommendations regarding the potential for increasing the programmes’ climate and environmental contributions.
Assessment of Poland’s operational programmes
Assessment | 9 May, 2022 | Download PDFThis briefing offers an analysis of Poland’s draft operational programmes for 2021-2027 and recommendations regarding the potential for increasing the programmes’ climate and environmental contributions.
The state of youth engagement in the implementation of the EU Just Transition Mechanism
Report | 6 May, 2022 | Download PDFThis report provides an overview of the political youth engagement activities for the development of Territorial Just Transition Plans of twelve EU Member States.
