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EU funds spending plans in Hungary: the dark side is in the details

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February 2, 2016 | Read more

Hungary allocates a relatively high amount of EU Funds to energy but an in-depth analysis shows a lack of direct, non-refundable support in renovation of residential buildings, significant finance for burning instead of preventing waste and potentially unsustainable use of biomass.

EU funds spending plans in Estonia: The long and rocky path away from shale oil

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February 1, 2016 | Read more

While Estonia plans to use a large part of its EU funds investments for infrastructure projects in the public sector, there is no real political will to reduce the use of fossil fuels.

EU funds spending plans in Latvia: What’s hidden behind the ‘green veneer’?

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January 29, 2016 | Read more

The millions of EU Cohesion Policy money are choosing the ‘darker side’ of Latvia’s renewable energy sources.

Bring on the money, don’t ask for results. EU funds spending plans in the Czech Republic

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January 28, 2016 | Read more

The Czech Republic’s EU funds’ documents tick all the formal boxes, but the carbon intensity of its economy will most likely not change much.

NGOs urge the European Investment Bank not to finance the Southern Gas Corridor

January 28, 2016 | Read more

A group of 27 NGOs sent an open letter to the President of the European Investment Bank (EIB) today urging the Bank not to finance the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe.

Report finds development banks fail people harmed by their projects

January 27, 2016 | Read more

A new report launched today documents the hurdles communities and workers face in obtaining remedy from development banks whose projects cause them harm. The 11 civil society organizations that authored the report, Glass Half Full? The State of Accountability in Development Finance, call on development banks and the governments that run them to strengthen their systems for providing remedy to those harmed by the activities financed by the banks.

What EU money can’t buy: Poland’s green energy transition just out of reach

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January 26, 2016 | Read more

Billions of euros of European funds will be invested in Poland between 2014 and 2020 under the heading of sustainable development and climate action. But without sound strategies and political will to decarbonise its economy, Europe’s biggest coal addict is set to waste the transformative potential of EU money – and Brussels is letting it happen.

Misuse of EU funds holds back Europe’s clean energy transition

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January 26, 2016 | Read more

The new member states from Central Europe misuse the EU funding aimed at decarbonising their energy systems.

NEW REPORT: Misguided spending by enfants terribles is undermining Europe’s transition to a fossil-free future

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January 26, 2016 | Read more

Brussels/Prague, 25 January 2016 – EU billions destined to transform the carbon-intensive, inefficient energy systems of central and eastern Europe are being misspent, finds a new report today by CEE Bankwatch Network and Friends of the Earth Europe. Bad spending plans and a lack of climate commitments from nine central and eastern European governments is hampering Europe’s transition away from fossil fuels, the groups say.

How to improve disclosure in World Bank public-private partnership projects?

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January 19, 2016 | Read more

The World Bank is currently inviting comments for its consultation on disclosure in public-private partnership projects. Deadline for inputs 29th February 2016.

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