Executive summary: European public money for the energy sector in countries of the European Neighbourhood Policy
Briefing | 17 November 2015
Countries of the European Neighbourhood have received a boost to their energy sectors in the last decade, thanks in part to the prominent role played by the EU as a catalyst of both policy reforms and financing. This paper is the executive summary of an upcoming study that examines EU financing for the energy sector in 16 countries of the European Neighbourhood between 2007 and 2014.
The goal of the analysis is to compare the support for unsustainable sources of energy (such as fossil fuels and nuclear power) versus that of renewables and energy savings and provide a reality check about the extent to which the EU’s decarbonisation goals are promoted within the ENP region.
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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.