Assessment of Latvia’s recovery and resilience plan
April 28, 2021
This briefing provides an overview of Latvia’s proposed measures (as of 27 April) for spending funds from the EU’s Recovery and Resilience Facility. Although it contains many green measures, Latvia’s recovery and resilience plan is a more a list of pro
Estonia’s EU recovery fund measures are promising yet potentially obstructive
April 20, 2021
Estonia has good intentions to use the recovery fund to become more resilient while supporting the green transition. However, these intentions are overshadowed by uncertainty and lack of scrutiny, as there is no publicly available strategic framework to bring all of the plan’s measures together, and many measures proposed could in fact undermine the European Green Deal.
Assessment of Estonia’s proposed Recovery and Resilience Facility measures
April 20, 2021
This briefing provides an overview of Estonia’s proposed measures (as of 18 April) for spending funds from the EU’s Recovery and Resilience Facility. Estonia has not shared an overarching plan that details how the country will utilise the facility, but
Biodiversity forgotten in the Latvian recovery plan
April 8, 2021
There is less than one month left for Member States to submit their national recovery and resilience plans to the European Commission. Yet, the Latvian plan is still far from fulfilling the Commission’s requirements to allocate at least 37% of proposed measures to achieving climate objectives.
Why is the EIB still hiding one-third of its lending?
March 4, 2021
The EU’s house bank must keep up with its peers on disclosure of financial intermediary investments
Latvia adopts climate and energy plan and long term strategy
January 31, 2020
While both strategies nod towards climate change concerns and the reduction of greenhouse gas (GHG) emissions, the NECP primarily aims towards a more advanced economy rather than a genuinely favourable state of the environment.
Climate neutrality or annihilation?
October 3, 2019
Today’s announcement by Estonia to reach climate neutrality by 2050 rings hollow given the country’s plans to increase shale oil production.
In Estonia, taming the IT tiger
September 26, 2019
In parallel to the UN Climate Summit, Bankwatch sends our experts on Just Transition to Estonia to share with locals the experience from coal mining countries that have started to develop action plans for regions that would need to go through re-development due to coal phase-out.
First large-scale solar district heating plant in the Baltics opens in Latvia
September 24, 2019
In the town of Salaspils, Latvia, the sun will now provide most of the energy for heating water during warm months.
Pipeline mired in controversy gets half a billion euros from European development bank
July 4, 2018
Brussels, London, Rome, Prague – Today the European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 500 million for the multi-billion euro Trans-Adriatic Pipeline (TAP) [1], in spite of the project failing to conform to the bank’s own policies and the fervent local resistance following the 878-kilometre pipeline where it crosses land in Greece and Albania before arriving onshore in Italy.