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Home > Publications > Executive summary: the Eastern Neighbourhood Region and the EU’s energy interests

Executive summary: the Eastern Neighbourhood Region and the EU’s energy interests

Executive summary: the Eastern Neighbourhood Region and the EU’s energy interests

Briefing    |    17 November 2015

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Since the early 1990s, the EU has actively sought the development of both the oil and gas sectors in former Soviet republics. Energy security, the cornerstone of the EU’s foreign policy became the driving force behind the European Neighbourhood Policy. Investments through the EU’s Neighbourhood Policy Instrument and public banks have supported the development of unsustainable energy systems in most Eastern Partnership (EaP) countries. Like in other countries, the EaP region received more for fossil fuels than renewable sources of energy.

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Institution: EBRD | EIB

Theme: Energy & climate

Tags: ENP-energy

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