Bihor County leads Romania’s geothermal heating revolution with EU support
27 January, 2025
Geothermal energy is becoming an increasingly popular way to heat homes and buildings across Europe. Efficient use of this renewable energy source not only significantly lowers heating costs compared to gas-based systems, but also reduces greenhouse gas emissions and improves urban air quality.
Read moreEBRD’s Independent Project Accountability Mechanism investigates the Indorama Agro cotton project in Uzbekistan
16 January, 2025
Following multiple allegations of human rights violations by Indorama Agro on a controversial cotton project funded by public development banks, the European Bank for Reconstruction and Development (EBRD)’s Independent Project Accountability Mechanism (IPAM) has finally launched an investigation to determine whether the project adheres to the EBRD’s environmental and social standards.
Read moreAgainst all logic, Bosnia and Herzegovina’s Federal government ramps up fossil gas ambitions
14 January, 2025
Fossil gas makes up less than three per cent of total energy supply in Bosnia and Herzegovina (BiH), but instead of making use of the opportunity to leapfrog straight from coal to renewables, the Federation of BiH (FBiH) government is inexplicably expanding its gasification ambitions.
Read moreWestern Balkans: Environmental groups challenge Commission’s breach of Reform and Growth Facility safeguards
13 January, 2025
CEE Bankwatch Network and Climate Action Network (CAN) Europe have formally requested a review (1) of the European Commission’s decision to approve five Western Balkan countries’ Reform Agendas under the new Reform and Growth Facility. The groups argue that the approval breached EU law by failing to apply mandatory environmental safeguards and public consultation requirements.
Read moreEU’s Modernisation Fund continues to fund fossil fuels and waste incineration projects, undermining climate and environmental goals
20 December, 2024
The European Commission yesterday announced the disbursement of EUR 2.7 billion from the EU Modernisation Fund to support 39 investment projects across eight Member States. However, CEE Bankwatch Network’s analysis shows that a significant portion of this funding is being disbursed to projects that contradict the EU’s climate and energy targets for 2030.
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