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Clean, green EU spending is possible – New map highlights European regional spending that works for environment and people

October 18, 2012 | Read more

Visit http://www.wellspent.eu to see how European projects funded by Cohesion Policy are working for the environment, society and the economy. Brussels, October 18, 2012 – A new publication released today documenting regional spending during the 2007-2013 period highlights how in times of economic and environmental crisis, Cohesion Policy can guide investments that are sustainable, innovative and really benefit the public. CEE Bankwatch Network, Friends of the Earth Europe and WWF published today a map showing where European regional spending has triggered environmental protection and sustainable development – including public transport, renewable energy and energy efficiency projects.

Covering the Balkans in Soot: The New European Energy Community Strategy Favours Fossil Fuel Reliance

October 17, 2012 | Read more

Brussels — Neighbouring countries of the EU from the Western Balkans to Ukraine are planning unsustainable energy futures relying on coal and nuclear. An energy strategy for the region to be approved Thursday by the European Energy Community indicates that such investments in dirty fuels could happen with EU support and financing.

When loyalty blocks climate action – Polish parliament pledges allegiance

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October 17, 2012 | Read more

The Polish government has a sad reputation for adopting unilateral, even obscure approaches when it comes to our country’s energy policy. What now came as a very disappointing surprise is that the Polish parliament joined the opportunistic chorus of denial – one that considers alternatives to the continued reliance on fossil fuels as a threat to Poland’s security.

Video: Notes for a better Europe

October 17, 2012 | Read more

European spending is often considered unnecessary, beaurocratic, and even damaging. We’re the last ones to deny that in Bankwatch. Yet, we are convinced that EU spending – if it is done right – can truly serve the public interest by creating jobs, reducing energy bills, minimizing air pollution, etc. Our new video highlights how some European projects are showing the way to a greener Europe and a better world.

Euro Parliament vote sends positive signal for greening the EU budget

October 11, 2012 | Read more

Brussels, Belgium — Today’s voting by the European Parliament Budget Committee in favour of at least 20 percent of the future EU budget for 2014-20 going to address climate change, was welcomed by CEE Bankwatch Network and Friends of the Earth Europe.

Environmentalists, get your keyboards ready: The European Investment Bank asks for inputs on its energy policy

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October 11, 2012 | Read more

With annually more than ten billion euros of investments in the energy sector, the EIB can have a tremendous influence on our energy future. If we want the bank to help us “get it right”, the time for providing inputs is now.

EU budget negotiations: a zero-sum game?

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October 3, 2012 | Read more

The seven-year EU budget could unlock investment and jobs, but only if the shadow-boxing around the negotiating table ends now.

European public banks must improve transparency

October 1, 2012 | Read more

Brussels – The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) score low on transparency according to the ‘2012 Aid Transparency Index’ [1] published today by the campaign group ‘Publish What You Fund’.

Trust us, we’re euphoric – Private equity and a tax haven part of the EBRD’s first post-Arab Spring swoop

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September 26, 2012 | Read more

For its first loan to ‘Arab Spring’ countries the European Bank for Reconstruction and Development has chosen vehicles and partners whose ability to deliver developmental value is highly uncertain.

Continued EU budget battle could sacrifice clean energy investments and clog economic recovery

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September 25, 2012 | Read more

Continued debates about a reduction of the future EU budget jeopardise the potential of using EU funds for energy efficiency and renewables investments to provide necessary economic stimulus and climate mitigation.

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