After recovery towards cohesion
March 15, 2022
Recovery and cohesion policy funds are crucial for driving the energy transition, while promoting renewable energy, energy efficiency, infrastructure development, and innovation. They also play a critical role in reducing regional disparities and creating economic opportunities. Bankwatch accelerates the impact of EU funding by advocating for transformative and sustainable investments rooted in participatory and transparent processes.
Applying the ‘do no significant harm’ principle in practice: examples of reforms and investments under national recovery plans that will cause harm to the environment
March 8, 2022
This joint letter, prepared by CEE Bankwatch Network, EuroNatur, WWF and ReCommon, raises concern about the application of the EU’s ‘do no significant harm’ principle under the Recovery and Resilience Facility (RRF). The letter is accompanied by a seri
Progress with EU recovery fund hampered by fossil fuels investments and threats to nature
February 3, 2022
Brussels – Genuine efforts by Member States to direct spending from the EUR 672 billion Recovery and Resilience Facility towards climate action are being undermined by investments that are likely to harm the environment and climate, finds a new report by CAN Europe and CEE Bankwatch Network.
Reaching for a green recovery: what holds back progress in ten EU recovery and resilience plans
February 3, 2022
The Recovery and Resilience Facility (RRF) is intended to finance reforms and investments in Member States to rebound from the pandemic and pursue a green transition.
Bulgarian recovery plan improves after six-month impasse
November 5, 2021
After a six-month delay and three revisions, the EUR 6.6 billion Bulgarian national recovery and resilience plan has finally been submitted to the European Commission. Although this delay postpones its implementation, the plan is markedly improved particularly in terms of biodiversity protection, following dialogue between environmental groups and the authorities. The process shows the key role public participation can play in delivering a green recovery.
How to monitor the spending of the EUR 672 billion recovery fund
August 31, 2021
Following the European Commission’s assessment, the majority of recovery plans have now been approved by the Council of the EU, paving the way for an unprecedented amount of money to be made available to Member States. However, with both the Commission and Member States rushing to disburse funds as quickly as possible, ensuring sufficient monitoring and control mechanisms are in place will be more important than ever before.
Fossil gas investments undermine green recovery in Romania
August 9, 2021
Despite strong criticism from the European Commission, the Romanian authorities are determined to use the EU recovery fund for massive investments in fossil gas and hydrogen.
Gazul nu e „fit” pentru criza climatică
August 6, 2021
Statele membre ale Uniunii Europene au căzut de acord să contribuie activ la diminuarea schimbărilor climatice, iar din acest motiv a fost …
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
