Bankwatch statement on the EU’s 2050 climate neutrality goal and central and eastern European country positions
20 June, 2019
“With Germany now backing the EU’s 2050 carbon neutrality goal, all eyes are on Poland and other countries of central and eastern Europe that have to date refused to back this target because of their reliance on coal.
Read moreRacing against the clock: Kenyan villagers under imminent threat of eviction by project under EU’s bank’s appraisal
19 June, 2019
Today’s European Development Days forum in Brussels with its aspirational motto ‘building a world which leaves no one behind’ is an ironic backdrop to what is happening in the remote parts of Kenya, where a whole community is facing a threat of forced eviction by a project under appraisal of the EU’s own house bank. About a hundred people were demanded to abandon their homes by tomorrow – 20 June.
Read moreCommission calls for higher ambition from central and eastern Europe in energy and climate plans
18 June, 2019
For immediate release. Brussels, Prague – Ahead of Thursday’s European Council summit where the EU’s long-term climate targets will take centre stage, the Commission has released an assessment of Member States’ national energy and climate plans (NECPs) and is pressing countries of central and eastern Europe (CEE) to do more so that Europe can meet its 2050 net-zero emissions objective.
Read moreA false solution to a real problem?
14 June, 2019
New research by Bankwatch shows energy and climate plans (NECPs) in 7 CEE countries over-rely on unsustainable biomass to reach their renewable energy objectives.
Read moreNew opportunities for eastern Europe if the EU’s bank ramps up climate ambition and quits fossil fuels
13 June, 2019
Ahead of the European Investment Bank’s annual governors’ meeting, several EU’s finance ministers put forward a joint non-paper “Climate for the future of Europe” with an idea to transform the EIB: make green financing its top priority and promote investments in energy and climate transition. The right initiative risks failing if not supported by the majority of the bank’s shareholders, in particular by the eastern states that wrongfully fear that EIB’s increasing ambition in climate finance will unfavorably impact the bank’s presence in their countries.
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