June 21, 2023 | Read more Romania’s OMV-Petrom announced today its final investment decision on the Neptun Deep fossil gas project in the Black Sea. If built, this massive offshore development could be the final nail in the coffin for Romania’s—and the EU’s—commitments to stem the climate crisis.
June 20, 2023 | Read more EU Member States are exacerbating economic inequality, eroding democracy and obstructing efforts to create a green, transformative European economy by marginalising citizens in decision-making, a new report by the Citizens’ Observatory for Green Deal Financing reveals (20 June).
June 15, 2023 | Read more On 6 June 2023, Russian occupiers blew up the biggest dam in Ukraine. The destruction of the Kakhovka hydropower plant threatens huge environmental and humanitarian consequences for the south of Ukraine and the entire Black Sea region.
June 7, 2023 | Read more The European Commission has approved amendments to Estonia’s recovery and resilience plan and its newly added REPowerEU chapter. The country is determined to accelerate the energy transition, but more transparency is needed if it is to succeed.
June 6, 2023 | Read more More than EUR 1.5 billion in EU funds has been provided to Poland and Romania for fossil gas projects since 2014. The two governments have earmarked even larger sums for the current EU budget period despite the bloc’s goals of reducing greenhouse gas emissions, according to a report released today by CEE Bankwatch Network.
June 2, 2023 | Read more In May 2023, a massive fire broke out at the Nubarashen landfill on the outskirts of Yerevan, enveloping the city in a cloud of toxic smoke generated by the burning waste. It took 10 days and 2,300 truckloads of soil to extinguish the flames. Coming seven years after Yerevan became a pioneer by joining the European Bank for Reconstruction and Development (EBRD)’s Green Cities initiative, this incident is a stark reminder of the urgent need to adopt a safer and more sustainable approach to waste management and urban planning.
May 19, 2023 | Read more The EU’s Multiannual Financial Framework 2021-2027 offers a unique opportunity to use public finances to accelerate the energy transition. But to succeed, this transition must be inclusive, equitable and citizen-centred.
May 12, 2023 | Read more Most EU countries missed the deadline to submit additional REPowerEU chapters to national recovery and resilience plans on time, including Latvia, where few details about the reasons for the delay have emerged. Here are some ideas on how Latvia can make the best use of EU funds to help decarbonise its energy system and support its citizens.
May 11, 2023 | Read more Bankwatch Romania today submitted a complaint to the European Commission, seeking to reverse an Emergency Ordinance of the Romanian Government, which greenlights nine destructive hydropower projects (1) and is considered to breach three European Union Directives.
May 2, 2023 | Read more The European Investment Bank (EIB) made history with its decision to stop financing fossil fuel energy from 2022 onwards. By adopting the PATH Framework in October 2021, it seemed the EIB had finally set the conditions requiring its clients to disclose information on their corporate-level emissions, as well as decarbonisation plans. But a year later, it made a U-turn.
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