EU’s Modernisation Fund continues to fund fossil fuels and waste incineration projects, undermining climate and environmental goals
December 20, 2024
The European Commission yesterday announced the disbursement of EUR 2.7 billion from the EU Modernisation Fund to support 39 investment projects across eight Member States. However, CEE Bankwatch Network’s analysis shows that a significant portion of this funding is being disbursed to projects that contradict the EU’s climate and energy targets for 2030.
Bank of scandals: toxic culture of favouritism exposed at the European Investment Bank
December 11, 2024
“Compared to other financial institutions, the EIB is run with a high level of internal secrecy,” said Anna Roggenbuck, who has been following the EIB for over 15 years for Bankwatch, a civil society organisation that monitors publicly financed projects.
Cohesion policy at a crossroads: Navigating the 2025 mid-term review and the next EU budget
December 6, 2024
This report details how the mid-term review of EU cohesion policy should be approached with ambition and a clear sense of direction.
Joint civil society letter to the President of the European Commission on the LIFE funding
December 5, 2024
This open letter, addressed to European Commission President, Ursula von der Leyen, highlights the role of civil society in strengthening democracy, ensuring public participation and amplifying the voices of citizens in decision-making processes.
The European Investment Bank has a chronic ‘revolving doors’ problem
December 5, 2024
Instead of the EIB shrugging its shoulders at yet another revolving door case, it must understand these new revelations as a wake-up call to drive the necessary changes that will enable it, as a key EU institution, to retain public legitimacy.
Closing the door on waste incineration for district heating in central and eastern Europe
December 2, 2024
Member States and public financing must align with EU principles and avoid investments that lock them into unsustainable practices like waste incineration.
Hydrogen’s empty promises: How Hungary, Poland and Romania are betting on false solutions
November 20, 2024
Despite the EU’s seemingly unending enthusiasm for hydrogen as a decarbonisation tool, there’s increasing concern over the risks of investing in unproven, inefficient or ineffective production methods and applications.
Green Solidarity: Guiding principles for a truly just Social Climate Fund
November 6, 2024
The Social Climate Fund (SCF) was established by the EU to help alleviate the negative social and economic impacts of the new Emissions Trading System (ETS2), which introduces a carbon price on transport and heating.
Vital conditions to support businesses towards a stronger, fairer and more sustainable economy
November 6, 2024
This document brings insight in to how public finance can foster green manufacturing, support innovative start-ups, and facilitate the transformation of industry and its supply chain.
New guidance released for Community-driven Green Deal Actions
November 4, 2024
Collecting experience from 24 local actions across Europe to highlight how communities can help advance European Green Deal objectives, a new guide presents concrete ideas on six different topics.
