EU FUNDS FOR A GREEN RECOVERY: RECOMMENDATIONS TO STEER EU REGIONAL AND RECOVERY FUNDING TOWARDS CLIMATE NEUTRALITY
Policy comments | 16 July 2020
CEE Bankwatch Network and Climate Action Network (CAN) Europe have analysed the NECPs of 14 EU countries – Bulgaria, Croatia, Czechia, Denmark, Estonia, France, Hungary, Latvia, Poland, Portugal, Romania, Slovakia, Slovenia and Spain. In particular, concrete investment proposals in the NECPs have been analysed for their relevance at national level -either positive or negative- and their funding projection. Recommendations for each country set out in the country assessment pages are based on national NGO assessments and country specific needs, so in no case should this qualitative self-analysis lead to a comparison between countries.
This report highlights investments and measures as listed in NECPs. It proposes new measures which have a great potential to boost climate ambition and a green recovery, and should receive EU and recovery funding as a priority. At the same time, it also points out the harmful investments which should not be supported by EU funds in order to avoid a high-emission lock-in and to prevent biodiversity loss and ecosystem degradation.
Never miss an update
We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.