European public funding for fossil fuel-dependent companies
Study | 27 September 2018 Download
CEE Bankwatch Network follows closely the EBRD’s ‘sister institutions’ and actively advocates for improvement of their lending policies. As the European Investment Bank (EIB) is expected to review its 2013 ‘Screening and Assessment Criteria for Energy Projects’ (also known as its Energy Lending Criteria) we have also prepared case studies and a position on conditions for lending to fossil fuel-dependent companies by the EIB. This information is available here.
This paper builds on the above mentioned documents, elaborates on our previous suggestions and introduces additional case studies for the Polish company Energa, Czech utility ČEZ and Grupa Azoty, Poland (an EIB client).