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.
Estonia barely scratches the surface on green recovery
June 30, 2021
Estonia’s recovery and resilience plan was one of the last to be submitted to the European Commission. Yet despite the extra time it took authorities to develop, the plan is based on an incomplete vision of a green recovery which completely ignores the issues of biodiversity and nature protection.
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
Problematic measures to be addressed during the ongoing assessment of Recovery and Resilience Plans
June 9, 2021
This briefing provides a compilation of assessments of recovery plans submitted to the Recovery and Resilience Facility. The document was prepared in cooperation with Climate Action Network (CAN) Europe, EuroNatur and the European Environmental Bureau
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.
