December 15, 2023 | Read more The board of the European Bank for Reconstruction and Development (EBRD) decided yesterday, 14 December, to green-light a new energy lending policy that, with some caveats, allows for continued financing of fossil gas pipelines and gas-fired power plants.
December 13, 2023 | Read more Promoted as a means to diversify gas sources, an agreement signed earlier this year by the Bulgarian government to import fossil gas from Turkey is only likely to provide a backdoor for Russian energy and undermine efforts to alleviate Europe’s dependence on fossil fuels
December 12, 2023 | Read more The European Bank for Reconstruction and Development (EBRD) is set to decide the future of its energy investments right after the latest round of UN climate negotiations concludes this week. Its Executive Directors must heed the EU’s call for a fossil fuel subsidy phase-out
December 8, 2023 | Read more The new European Investment Bank (EIB) President Nadia Calviño must tap into the Bank’s green and social potential. She should direct the EIB to mobilise its resources to meet the fundamental needs of people and to assist with transforming our society into one that’s ecological and sustainable.
December 7, 2023 | Read more Two days* after COP 28 is due to conclude, the board of directors of the EBRD, a multilateral development bank owned by 72 governments, will vote on its new Energy Sector Strategy. This policy will guide the Bank’s energy investments until 2028.
December 1, 2023 | Read more The Oder River, which forms the border between Poland, Germany, and the Czech Republic, faced a severe environmental disaster in 2022. More than one year later, the river is in peril again. The decisions taken by the previous government have so far only exacerbated the situation. Now, a new government offers one last opportunity to show environmental stewardship and reverse the catastrophe.
November 29, 2023 | Read more This summer was hot in the Croatian city of Split. Adding to the rising temperatures and usual tourist buzz was a heated political debate over a EUR 150 million framework loan approved by the European Investment Bank (EIB), the biggest loan to date for Split.
November 29, 2023 | Read more The Western Balkans’ energy transition is finally starting to pick up pace. But false solutions such as fossil gas threaten to divert resources and create new fossil-fuel lock-in. So why do the European Union (EU) and United States (US) continue to push such projects in the region and what can be done about it?
November 24, 2023 | Read more In times of pressing climate and biodiversity crisis, the Lazio region and the Italian government are supporting a controversial project to double the Peschiera–Le Capore aqueduct, breaching several EU Directives, and not taking into account people who live in the area and their needs. Moreover, the project, partially supported by EU funds, could potentially endanger six Natura 2000 sites and already exploited local water resources.
November 22, 2023 | Read more Poland and Croatia are set to receive EUR 1.2 billion in EU recovery funds to expand liquefied gas (LNG) terminals and build new pipelines.
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