EU 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.
Read moreNGOs call on the European Commission to ensure transparency and public participation in Ukraine’s green reconstruction
10 June, 2022
27 representatives of Ukrainian and international NGOs sent an open letter to Ursula von der Leyen, president of the EU Commission. In the letter, they call for the integration of accountability and transparency, wider participation in decision-making, and incorporation of the green principles within Ukraine’s reconstruction process.
Read moreVoices of support for Ukraine echo in Morocco: takeaways from the EBRD Annual Meeting in Marrakesh
8 June, 2022
The 2022 EBRD Annual Meeting was held in the city of Marrakesh, Morocco. Although taking place far away geographically, the topic of Ukraine dominated the agenda. Will the EBRD ensure its funds for the country’s reconstruction are used in the most efficient, green and inclusive way?
Read moreEnvironmental groups challenge EU support for 30 fossil gas projects
7 June, 2022
ClientEarth, Friends of the Earth Europe, Food & Water Action Europe and CEE Bankwatch Network are starting legal action to end support to 30 EU-backed proposed gas projects. They say the EU Commission has given these climate-destructive projects VIP status, in contradiction of its legal obligations.
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