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
BankWatch Urges ERBD to Stop Investing in Fossil Fuels
June 18, 2021
BankWatch, a network of organizations that monitors international public finance in Central and Eastern Europe, has a released a report in …
New beginnings at 30: can the EBRD leave behind fossil gas to become a bank fit for our future?
June 16, 2021
This report analyses the EBRD’s energy-related operations across the first two years of the Bank’s new Energy Sector Strategy (ESS) (2019-2020). This initial period of the ESS’s implementation is also compared to the previous ESS implementation period
Member states under fire for backing ‘blended’ hydrogen and fossil gas
June 14, 2021
Source: Member states under fire for backing ‘blended’ hydrogen and fossil gas
Zero hour for energy ministers to halt the expansion of Europe’s fossil gas network
June 10, 2021
Calls to curtail the expansion of fossil gas infrastructure are mounting, and on Friday (11 June) EU energy ministers have a chance to ensure Europe’s cross-border energy infrastructure is in line with the leadership role it has taken in the global effort to stem the climate crisis
Mai multe ONG-uri europene de mediu cer excluderea gazului din mecanismul de finanțare pentru Proiecte de interes comun
June 8, 2021
Organizațiile de mediu din mai multe țări din Europa Centrală și de Est, printre care și România, au trimis reprezentanților Consiliului Uniunii Europene o declarație comună prin care se opun reintroducerii proiectelor pe bază de gaze fosile ca Proiecte de interes comun.
Declarație comună: 50 de organizații de mediu solicită excluderea gazului fosil din mecanismul de finanțare pentru Proiecte de interes comun. România are înscrise 7 proiecte: BRUA Faza 2, 3 și creșterea capacității de înmagazinare a gazelor fosile
June 8, 2021
Nouă țări din Centrul și Estul Europei, printre care și România, au depus în februarie 2021 o inițiativă comună pentru susținerea …
Joint CSO letter on the TEN-E regulation: Stop the expansion of fossil gas
June 1, 2021
This advocacy letter aims to express civil society organisations’ concerns on the reintroduction of fossil gas in the revised trans-European infrastructure energy (TEN-E) regulation. Bankwatch and 53 other CSOs ask governments to vote against the incl
Fossil gas
May 31, 2021
Fossil gas is the new coal. Although often labelled ‘natural,’ fossil gas is a major driver of the climate crisis. There is no more room for new investments in fossil gas projects if we are to avert the worst impacts of the climate crisis and set a path towards decarbonisation.
Billions of EU recovery money to support fossil fuels
May 31, 2021
Several EU states plan to use the EUR 672 billion Recovery and Resilience Facility to expand fossil gas infrastructure using loopholes in the fund’s regulations. These proposals do not comply with objectives of the European Green Deal and recent recommendations from the International Energy Agency to end funding for fossil fuels, warns CEE Bankwatch Network.