EU funds fossil gas in Poland and Romania despite climate goals
6 June, 2023
More than EUR 1.5 billion in EU funds has been provided to Poland and Romania for fossil gas projects since 2014. The two governments have earmarked even larger sums for the current EU budget period despite the bloc’s goals of reducing greenhouse gas emissions, according to a report released today by CEE Bankwatch Network.
Read moreSeven years after joining the EBRD’s Green Cities programme, is Yerevan’s green future going up in flames?
2 June, 2023
In May 2023, a massive fire broke out at the Nubarashen landfill on the outskirts of Yerevan, enveloping the city in a cloud of toxic smoke generated by the burning waste. It took 10 days and 2,300 truckloads of soil to extinguish the flames. Coming seven years after Yerevan became a pioneer by joining the European Bank for Reconstruction and Development (EBRD)’s Green Cities initiative, this incident is a stark reminder of the urgent need to adopt a safer and more sustainable approach to waste management and urban planning.
Read moreTowards energy democracy: launch of new financing tracker for energy communities in the EU
19 May, 2023
The EU’s Multiannual Financial Framework 2021-2027 offers a unique opportunity to use public finances to accelerate the energy transition. But to succeed, this transition must be inclusive, equitable and citizen-centred.
Read moreLatvia’s REPowerEU chapters – progress made and necessary investments
12 May, 2023
Most EU countries missed the deadline to submit additional REPowerEU chapters to national recovery and resilience plans on time, including Latvia, where few details about the reasons for the delay have emerged. Here are some ideas on how Latvia can make the best use of EU funds to help decarbonise its energy system and support its citizens.
Read moreEuropean Commission urged to act on destructive hydropower projects in Romanian protected areas
11 May, 2023
Bankwatch Romania today submitted a complaint to the European Commission, seeking to reverse an Emergency Ordinance of the Romanian Government, which greenlights nine destructive hydropower projects (1) and is considered to breach three European Union Directives.
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