European Parliament greenlights clean cohesion policy
February 13, 2019
Today the members of the European Parliament adopted the Common Provisions Regulation, which sets the principles and common rules on how Cohesion Policy funding should be spent from 2021 to 2027. Civil society groups CEE Bankwatch Network and Climate Action Network (CAN) Europe welcome the agreed climate-friendly provisions, including the exclusion of fossil fuel investments, but they must be reflected in tomorrow’s vote on the Regional Development Fund in order to become reality.
The EU’s bank downplayed climate risk in granting record loans to Europe’s largest fossil fuel project
February 7, 2019
Brussels – In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing it with major financial support using EU public money.
Case to the European Ombudsman calls out Commission for failing to protect Bulgaria’s biodiversity
January 31, 2019
Brussels / Sofia – the European Commission has been accused of failing to monitor how EU funds are being spent in Bulgaria, according to a complaint [1] filed to the European Ombudsman over the Commission’s handling of a motorway project that threatens a protected Natura 2000 site.
Future EU funds for the regions set to become climate-proof
January 22, 2019
Brussels, for immediate release – Today the European Parliament’s Committee on Regional Development (REGI) adopted the so-called Common Provisions Regulation, which sets the conditions and principles governing the funding for Cohesion Policy from 2021 to 2027. NGO groups CEE Bankwatch Network and Climate Action Network (CAN) Europe welcome the regulation, which exceeds the European Commission’s proposal by introducing new and additional safeguards against climate change.
Future EU investment package falls short of climate ambition
January 16, 2019
Strasbourg, Brussels – Today the European Parliament took a disappointing stance on climate when voting to approve the establishment of InvestEU, the EU’s financing tool to attract private investments – say NGO groups CEE Bankwatch Network, Climate Action Network (CAN) Europe, WWF European Policy Office, and Counter Balance. The approved investment package keeps the door open to further public investments in fossil fuels, which is incompatible with the requirements of the Paris Climate Agreement.
NGOs urge EU bank to quit fossil fuels investments, as it touts its climate commitment at COP24
December 11, 2018
Brussels, Katowice, Prague – While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) still continues to fund climate damaging fossil fuel projects, having disbursed more than EUR 11.8 billion in fossil fuels projects since 2013 – point out NGOs in a new briefing [1].
EkoSvest calls on Macedonian government to move to more rational renewable energy support system
December 10, 2018
Environmental NGO Eko-svest has this week called on the Macedonian government not to continue subsidising new renewable energy plants through the guaranteed buy-off of electricity at a guaranteed price and to instead move to a more competitive system with lower costs for end consumers.
Poland’s Just Transition declaration is a fata morgana
December 1, 2018
Katowice – At the UN climate summit (COP 24) it is hosting, Poland has invited heads of state to adopt a ministerial Solidarity and Just Transition Declaration [1], calling for a fair deal to coal workers and communities affected by the energy transition. But the Polish government has no plans for any such transition – instead it remains keen to keep the country’s reliance on coal for decades to come. The Declaration is therefore nothing more than a mirage.
Bosnia-Herzegovina settlement agreement shows coal plant environmental assessment is illegal
November 29, 2018
The Bosnia and Herzegovina authorities and the Energy Community Secretariat have signed a settlement agreement regarding the environmental impact assessment for the planned Ugljevik III coal-fired power plant, in which Bosnia and Herzegovina committed not to use the environmental permit issued as a result of the procedure. [1]
EIB to weaken accountability mechanism, despite civil society criticism
November 13, 2018
Brussels – In a step backwards for the EU bank’s transparency and accountability, the Board of Directors of the European Investment Bank (EIB) has approved a controversial new policy [1] of its Complaints Mechanism, a move that will take the bank further away from the communities affected by its operations – say NGOs.
