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Home > A new budget for a new Europe > EU funds related updates

EU funds related updates

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Juncker investment plan: deep reforms necessary for sustainable future

Press release | 28 September, 2016

Cash that should be flowing into projects that boost environmental sustainability is instead fuelling outdated carbon-intensive projects like motorways, airports, and fossil-fuel infrastructure, according to a new report on Europe’s investment plan released today

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Juncker Investment Plan 2 and review of EU budget offer no progress towards Europe’s long-term climate goals

Press release | 15 September, 2016

What should have been two significant contributions to Europe’s war chest in the fight against climate change will in fact leave the planet short-changed and open the door to even more polluting fossil fuel projects, argue campaigners at Bankwatch, Friends of the Earth Europe and Climate Action Network Europe.

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EU budget review must enhance European climate action

Press release | 7 July, 2016

The European Commission must listen to the European Parliament calling for an EU budget that works for people and planet – according to CEE Bankwatch Network, Friends of the Earth Europe and Climate Action Network (CAN) Europe.

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Slovakia’s EU presidency: a chance to improve European biomass regulations

Blog entry | 30 May, 2016

In its EU funds spending plans, Slovakia has shown commendable dedication to making bioenergy more sustainable. Taking over the EU presidency in June, it will have a unique chance to apply its expertise to improve European regulations on biomass.

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EU’s flagship climate instrument used to subsidise coal in Central and Eastern Europe

Press release | 26 April, 2016

The EU’s carbon market rules allow Central and Eastern European Member States to invest up to €12 billion in coal powered energy production. As representatives of the EU Member States are due to discuss the EU ETS this Wednesday, the new publication “Fossil fuel subsidies from Europe’s carbon market” adds momentum to the need to overhaul this policy.

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For European public finance, where will all roads lead from Paris?

Blog entry | 22 April, 2016

Signing the Paris Agreement is an important step in Europe’s contribution to the global effort to tackle the climate crisis. But funding this commitment necessarily passes through the public coffers. To kick-start the much-needed energy transition– by swiftly cutting emissions to reach the global carbon neutrality the Paris Agreement prescribes for the second half of this century –a change of paradigm in public investments in energy infrastructure is needed.

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The hefty health toll of coal burning in the Western Balkans – and what is not being done about it

Blog entry | 16 March, 2016

While the Energy Community yesterday failed to consider more stringent air pollution rules for the Western Balkans, a new report quantifies the health costs of the region’s coal burning both within the region itself as well as in the neighbouring European Union.

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Slovakia’s EU funds spending plans: finance for the energy transition – where’s it at?

Blog entry | 5 February, 2016

Slovakia has missed the opportunity to use the EUR 14 billion of Cohesion spending to transform its largely monopolistic, heavily state influenced energy economy with its high dependence on imported fossil fuels and high carbon intensity.

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Croatia’s EU funds spending plans: Land of unfulfilled clean energy potential

Blog entry | 4 February, 2016

EU funds could do a whole lot more to help the transformation to an efficient sustainable energy system in Croatia if the country adopts an effective strategy to get there, argues our research co-ordinator, Pippa Gallop.

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EU funds spending plans in Estonia: The long and rocky path away from shale oil

Blog entry | 1 February, 2016

While Estonia plans to use a large part of its EU funds investments for infrastructure projects in the public sector, there is no real political will to reduce the use of fossil fuels.

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