Watershed moment for EIB’s climate ambitions as EU rushes to quit Russian fossil fuels
16 June, 2022
More than ever before, the European Investment Bank (EIB) has to step up its climate finance game.
Read moreEU investments: voice of the public must be heard!
16 June, 2022
Member States are currently making important investment decisions to address the multitude of crises we are facing. This money has the potential to transform our economy, yet the challenges to ensure it meets this potential are high. The EU’s unprecedented COVID-19 recovery package should be spent wisely and in a transparent manner. Yet it is for the moment far from open, and it is unlikely this will change any time soon.
Read moreCBAM’s coming, it’s time to put a price on carbon!
15 June, 2022
Electricity* traded between Western Balkan countries** and the EU will need to embed the cost of CO2 in its final price, potentially from as early as 2025.
Read moreEU bank hands out billions to companies complicit in burning fossil fuels
14 June, 2022
The European Investment Bank (EIB) has pumped billions of euros into polluting fossil fuel companies over the past two years despite talking up its climate credentials, new research by Counter Balance and CEE Bankwatch Network reveals.
Read moreOn the (long) road to recovery: Poland’s plan greenlit
14 June, 2022
Poland’s recovery plan has finally been endorsed by the Commission after over a year of negotiations. Despite multiple declarations from government officials that talks would finish quickly, the plan worth EUR 35 billion was put on hold for an extended period of time because of the Commission’s concerns about the rule of law in the country. Is Poland’s recovery plan a wasted opportunity? Not necessarily, but it is not a fully-used one, either.
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