No renovation wave in sight across EU recovery plans in central and eastern Europe
July 26, 2021
In the national recovery and resilience plans, energy efficiency and building renovations can play a key role for Member States to achieve the required target of 37 per cent of expenditures related to climate. The potential to modernise buildings is the greatest in central and eastern Europe, where the building stock is particularly inefficient. But an assessment of eight national plans across the region finds uneven progress towards these aims. Christophe Jost of Bankwatch concludes that this is likely to hamper efforts to decarbonise the region’s building stock in line with the Renovation Wave´s ambitious objectives.
Central and Eastern Europe’s buildings renovation plans fall far short of 55% emissions cuts
July 16, 2021
July 16, 2021 by Christophe Jost Leave a Comment
When Nature Shows the Way: supporting biodiversity for Europe’s green recovery
July 14, 2021
Biodiversity loss and climate change are the biggest environmental threats we face today. To address such crises, the EU has set in place a series of climate and environmental objectives as part of the European Green Deal. However, in order to achieve
Concern for irrigation, drainage and other water management measures in national recovery and resilience plans
July 14, 2021
The briefing outlines proposals for widespread irrigation and water management measures within six central and eastern European recovery plans and explains why these measures will likely be damaging to biodiversity. These include the development of int
Energy efficiency and renewables in buildings in national recovery and resilience plans
July 14, 2021
Investments in building renovations can significantly contribute to reaching the EU’s 2030 energy and climate objectives. The Recovery and Resilience Facility presents an opportunity to help meet those funding needs, given the 37 per cent climate targe
Status of the Territorial Just Transition Plans in central and eastern Europe: July 2021 update
July 8, 2021
This briefing is the third in our series of updates on the Territorial Just Transition Plan (TJTP) preparation process in seven central and eastern European (CEE) countries: Bulgaria, the Czech Republic, Estonia, Hungary, Poland, Romania and Slovakia.
European development bank’s new fossil fuels pledge falls short of aligning with the Paris Agreement
July 2, 2021
The governors of the European Bank for Reconstruction and Development (EBRD), representing 69 shareholder governments as well as the EU and the European Investment Bank, decided yesterday the Bank will decrease its support for the fossil fuels industry.
Civil society wishes on the EBRD’s 30th birthday: shut the fossil fuels party
June 29, 2021
People around the world are already feeling the brunt of the climate crisis on an almost daily basis. Most governments accept we are in the midst of a global climate crisis, including those controlling the European Bank for Reconstruction and Development (EBRD). And yet, Bankwatch’s recent analysis shows that during 2019-2020, the EBRD has awarded the fossil fuels industry more than USD 2 million every day on average. Two million dollars. Every single day.
NGOs letter on the EIB’s review process of the Environmental and Social Sustainability Framework
June 24, 2021
This joint advocacy letter, endorsed by 35 environmental CSOs, urge the European Investment Bank (EIB) to ensure a meaningful public consultation process during the ongoing Bank’s Environmental and Social Sustainability Framework review. We call on Ban
It is time for EBRD to become the lighthouse for fossil-free development banks
June 24, 2021
On the occasion of its 30th anniversary, the European Bank for Reconstruction and Development (EBRD) has the opportunity to help avert climate breakdown by putting itself at the heart of the global transition to a carbon-free economy. This joint state
