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towards climate-friendly alternatives requires massive investments, especially in central and eastern Europe, where outdated infrastructure and a reliance on fossil fuels persists.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
Making the coal phase out fair for workers – unions, companies and environmentalists discuss just transition in Romania
Blog entry | 11 April, 2017A Romanian coal mining region is writing history today as representatives from unions, the coal industry and environmental organisations are coming together for the first time to discuss their communities’ future – with a common goal in mind.
Read moreDeceptive promises of new jobs in the coal sector don’t help workers, communities or the climate
Blog entry | 14 November, 2016Now is the time for southeast Europe to start an inclusive and just transition away from lignite, argues new Bankwatch research.
Read moreOverblown job promises in southeast Europe’s coal sector show the need for a just transition – report
Press release | 14 November, 2016Promises for new jobs in south-east Europe’s coal sector are exaggerated, a new Bankwatch report reveals. Hardly any coal operations across the region are economically viable, and as a result many coal workers, especially in the mines, are set to lose their jobs, even if the plans for countless new power plants materialise. Governments, coal workers and their wider communities need to work together towards a just transition.
Read moreRelated publications
Joint NGO proposals on the GAWB Action Plan: Parts 1 and 2 – Action Plan and Roadmaps
Briefing | 1 October, 2024 | Download PDFThis paper, developed by a group of NGOs led by Bankwatch, provides suggestions on combining the Action Plan and Roadmaps, updating the planned actions, and cancelling some which are too unclear or poorly defined.
Joint NGO proposals on the GAWB Action Plan: Part 3 – governance, monitoring, reporting and other mechanisms to support the implementation of the Sofia Declaration
Briefing | 1 October, 2024 | Download PDFThis paper, developed by a group of NGOs led by Bankwatch, provides suggestions to improve the Green Agenda’s governance, monitoring and reporting.
How to advance a just transition in the Western Balkans: Recommendations for the EU and national institutions
Briefing | 27 September, 2024 | Download PDFThis briefing takes stock of the current situation with the decarbonisation of the Western Balkans’s economy and summarises the progress on just transition in each country.
