EU parliament reverses course, votes for strong action on climate with future funds for Europe’s needy regions
Press release | 27 March, 2019For immediate release. Brussels, Prague – A vote today by the Parliament has excluded fossil fuels from the EUR 320 billion European Regional Development Fund (ERDF) and Cohesion Funds for 2021-2027, signalling a clear commitment to the EU’s obligations to reduce greenhouse gases under the Paris Agreement and its net-zero emissions Long Term Strategy.
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Energy Community: Western Balkan coal subsidies worth over 1.2 billion euros in 2017
Press release | 25 March, 2019For immediate release. Energy Community countries propped up coal mining and electricity generation with direct and indirect public subsidies totalling at least 2.4 billion annually, out of which around half were provided by Western Balkan countries, shows a study (1) released today by the Vienna-based Secretariat of the Energy Community Treaty, the international treaty working to integrate the energy markets of the EU with those of its neighbours.
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Lack of ambition on full display as eastern Member States graded on first climate and energy plans submitted to Commission
Press release | 22 March, 2019Member States across central and eastern Europe continue to do less than their fair share in setting the course for the EU to meet its long-term energy and climate commitments, finds a new Bankwatch analysis [1] of the national energy and climate plans (NECP) in eight Member States.
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Bosnia-Herzegovina politicians defy investigation to approve Chinese loan guarantee for coal power plant
Press release | 26 February, 2019The Federation of Bosnia-Herzegovina Parliament looks set to approve a loan guarantee for a EUR 614 million China Exim Bank loan for the Tuzla 7 coal power this Thursday, 28 February, [1], despite an ongoing Energy Community investigation into its compliance with State aid legislation.
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New investigation in Kresna gorge reveals another major breach of law
Blog entry | 15 February, 2019An independent investigation by a Bulgarian TV channel bTV discovered progressing construction works in the Kresna gorge area even though the official procurement procedure is still ongoing.
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EU Parliament shirks responsibility for climate action in future funding of Europe’s most needy regions
Press release | 14 February, 2019Brussels, for immediate release – A vote today by the Parliament on the future European Regional Development Fund (ERDF) and Cohesion Funds for 2021-2027 opens the possibilities for continued funding of fossil fuels, in spite of the EU’s obligations to reduce greenhouse gases under the Paris Agreement and its net-zero emissions Long Term Strategy.
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Croatian coal plant must not be resurrected
Blog entry | 13 February, 2019The Plomin 1 coal plant, on Croatia’s Istrian coast, is already 50 years old. In 2017 it closed due to a fire. Yet the Croatian Ministry of Environmental Protection and Energy looks set to allow Plomin 1’s owner, HEP, to bring it back from the dead without even an environmental impact assessment.
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European Parliament greenlights clean cohesion policy
Press release | 13 February, 2019Today the members of the European Parliament adopted the Common Provisions Regulation, which sets the principles and common rules on how Cohesion Policy funding should be spent from 2021 to 2027. Civil society groups CEE Bankwatch Network and Climate Action Network (CAN) Europe welcome the agreed climate-friendly provisions, including the exclusion of fossil fuel investments, but they must be reflected in tomorrow’s vote on the Regional Development Fund in order to become reality.
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Case to the European Ombudsman calls out Commission for failing to protect Bulgaria’s biodiversity
Press release | 31 January, 2019Brussels / Sofia – the European Commission has been accused of failing to monitor how EU funds are being spent in Bulgaria, according to a complaint [1] filed to the European Ombudsman over the Commission’s handling of a motorway project that threatens a protected Natura 2000 site.
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Future EU funds for the regions set to become climate-proof
Press release | 22 January, 2019Brussels, for immediate release – Today the European Parliament’s Committee on Regional Development (REGI) adopted the so-called Common Provisions Regulation, which sets the conditions and principles governing the funding for Cohesion Policy from 2021 to 2027. NGO groups CEE Bankwatch Network and Climate Action Network (CAN) Europe welcome the regulation, which exceeds the European Commission’s proposal by introducing new and additional safeguards against climate change.
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