If the EBRD does not lead the energy transition, we will have to do it ourselves
18 December, 2018
In the middle of last week, negotiators in this year’s UN climate summit in Katowice, Poland, were scrambling to agree on guidelines for the Paris Agreement that would ensure global warming is capped at no more than 2 degrees. At the same time, the European Bank for Reconstruction and Development (EBRD), one of the world’s key development banks, adopted a new energy lending strategy that ends its support for coal but keeps the door wide open for gas. Ioana Ciuta of CEE Bankwatch Network takes a closer look.
Read moreState of play with the energy transformation in Romania
13 December, 2018
Europe’s commitment to the Paris Agreement and the 2030 Agenda for Sustainable Development means that the EU must drive an energy transformation, but in Romania, inadequate financial support and a lack of political will still stand in the way of progress.
Read moreChallenges of communicating the energy transformation in Latvia [Video]
12 December, 2018
Renewable energy has gotten a bad rap in Latvia. Since the construction of hydroelectric power stations during the Soviet era to the recent installment of the first wind parks and the country’s feed-in tarrif system, the ‘mandatory procurement scheme,’ renewables have been used for nefarious purposes like fuelling populism during election campaigns.
Read moreAnother half a million euros for coal from Romania’s state budget
12 December, 2018
A Government Decision granting RON 2 775 722 (EUR 596 000) to Oltenia Energy Complex to expropriate the land needed for the planned Craiova Power Plant ash storage expansion has been put into public debate by the Ministry of Energy.
Read moreNGOs urge EU bank to quit fossil fuels investments, as it touts its climate commitment at COP24
11 December, 2018
Brussels, Katowice, Prague – While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) still continues to fund climate damaging fossil fuel projects, having disbursed more than EUR 11.8 billion in fossil fuels projects since 2013 – point out NGOs in a new briefing [1].
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