New EU subsidies rules too lax to rule out support for damaging energy projects
13 January, 2022
This month, the new State aid Guidelines for climate, environmental protection and energy 2022 enter force. But with a surplus of loose formulations and flexible criteria, only with close public scrutiny can they support sustainable decarbonisation.
Read moreWestern Balkan countries need a dedicated fund to ensure a just energy transition – new report
11 January, 2022
The earlier a country’s coal-phase out commitment, the higher its share of a Just Transition Fund for the Western Balkan countries, finds a model-based analysis by The Green Tank and CEE Bankwatch Network, published today.
Read moreEU bank freezes funding for major Budapest Airport expansion over sweeping violations of environmental norms
10 January, 2022
The European Investment Bank (EIB) has suspended the disbursement of a EUR 200 million loan intended to facilitate a dramatic increase in passenger turnover at Hungary’s main international airport following an investigation by the Bank’s Complaints Mechanism that found that no analysis had been done to assess the air pollution, noise pollution and greenhouse gas emissions that the development would generate, in breach of the Bank’s own policy as well as EU environmental law.
Read moreTo avoid failures of recovery planning, cohesion funding must offer transparent public engagement
22 December, 2021
The European Union’s next long term budget and recovery package is a generational opportunity to tackle the climate crisis and build resilient societies. Yet, a lack of transparency and unwillingness to engage stakeholders, firstly with the recovery plans and now the Cohesion Funds, threatens to imperil a bounceback instead of steering the European Green Deal.
Read moreThe dark side of EBRD’s Green Cities
20 December, 2021
Residents of Almaty’s Kairat district are being suffocated by an illegal depot for diesel buses. They call on the European Bank for Reconstruction and Development to find a solution before the Bank approves a new loan for green public transport in Kazakhstan’s largest city.
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