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EU recovery plans – a threat to nature

June 2, 2022 | Read more

The European Commission has claimed that the Recovery and Resilience Facility (EUR 672.5 billion) will ensure a ‘green recovery’ throughout Europe. Yet not only is it failing to protect and restore nature, it will likely even increase harm to it, according to a new Bankwatch and EuroNatur report published today.  

Pouring millions from empty into the void

May 30, 2022 | Read more

EBRD and EIB investments in Bulgarian hydropower have once again been hit by scandal with the recent failure of the Chaira pumped storage plant and revelations about the illegality of small hydropower plants. The planned Yadenitsa dam would be more of the same: will the EBRD and EIB be wise enough to say no?

Dubious COVID help: who keeps an eye on Czech state guarantees to big companies?

May 26, 2022 | Read more

The Czech state-owned insurance company EGAP has secured a loan of CZK 2 billion from state COVID aid for Liberty Ostrava that is closely connected to Greensil, a company plagued by a corruption scandal.

The solution to Romania’s energy poverty is decentralised, renewable energy

May 23, 2022 | Read more

Over a third of Romania’s population is affected by energy poverty, but this can change with an integrated approach and targeted support.

Sustainable heating is already reality in the EU. Now it’s the Western Balkans’ turn

May 16, 2022 | Read more

In the Western Balkans, heating based on fossil fuels is making air pollution worse and is also the source of half of greenhouse gas emissions. Sustainable and affordable heating systems based on renewables are no fantasy. They operate successfully in other parts of Europe, and can be implemented in the Western Balkans if decision makers start acting now.

A step in the right direction: Bulgaria’s recovery plan improved after lengthy negotiations

April 28, 2022 | Read more

After one year of negotiations, at the beginning of April, the European Commission finally endorsed the sixth and final version of Bulgaria’s recovery plan. According to the Commission, nearly 60 per cent of the projects included in the plan support the green transition of the country, which is the highest percentage among all the recovery plans approved so far.

EU Ombudsman reprimands EIB for lack of transparency on funding’s environmental impacts

European Investment Bank

April 25, 2022 | Read more

In an encouraging move for democracy and the planet, the EU watchdog has taken a stance against the European Investment Bank (EIB) for refusing to disclose information about the environmental impacts of projects it finances.

Energy crunch or climate crisis, for CEE policymakers fossil gas is king

April 15, 2022 | Read more

Amid the possibility of disruptions to Russian fossil gas supply to the EU, CEE governments appear short-sighted on both energy transition and energy security.

How to win energy sovereignty and avoid a gas trap in Poland

April 11, 2022 | Read more

Poland’s energy policy has to change urgently in the face of the war in Ukraine. EU funds must finance Poland’s transformation for energy security and sustainability. There is no return to the business as usual when it comes to energy policy.

North Macedonia’s Go-Slow on Greener Energy is Costing Lives

April 6, 2022 | Read more

The REK Bitola mining and energy complex in North Macedonia is one of Europe’s most lethal polluters – but, despite local protests, and clear evidence of its harm, the authorities have yet to act.

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