58 minutes of power for one billion Czech crowns – a good deal for some
August 8, 2014
Bankwatch’s Czech co-ordinator Ondřej Pašek takes time out from EU funds programming documentation digging to describe just one little alarming discovery.
EU funds continue to do their bit for the promotion of sustainable living in Hungary
August 8, 2014
Whether at the global level with the United Nations Framework of Programmes on Sustainable Consumption and Production, the European level with the Environment Action Programme to 2020, or at the national level, a great deal of effort is being made to promote, develop and expand sustainable lifestyles and production. Such efforts should be tailor-made for receiving financial support from the EU funds.
Czech energy efficiency – an open goal demanding more EU funds ambition
August 8, 2014
The Czech government’s plan to phase out part of its lignite-fired power plant fleet by 2025 has hit the news recently with total annual power output from this climate-damaging source set to drop from 40 TWh in 2015 to 18 TWh by 2035. However the increased electricity consumption projected in the very same planning scenarios, that over time will eliminate the country’s current high energy export share and shift it instead onto an import dependency path, places an unfortunate question mark over just how serious the Czech Republic is about its transition to becoming an energy efficient, low-carbon economy.
How many white elephant projects can you fit into EU funds programming?
August 8, 2014
Some Czech projects proposed for EU funding are already sticking out as ‘white elephant’ investments. As the final spending decisions for 2014-2020 shape up, Bankwatch will be keeping a close eye on the likely stampede of similar project concepts all across central and eastern Europe.
Energy efficiency to the fore in Latvia’s EU funds plans – but will it be enough?
August 8, 2014
As Latvia’s authorities look to finalise EU funds allocations for the 2014-2020 period, the nation’s energy supply – where it is sourced from and how it is being used – remains the elephant in the room. As in every economy, energy is a crucial sector, with significant influence over the overall national economy and its development. An ambition and a challenge for Latvia is how to improve its energy independence, and quickly.
The Euro-Caspian Mega Pipeline – another ‘Blair rich project’
August 8, 2014
The hiring of former British prime minister Tony Blair to advise a BP-led consortium pushing forward with plans to pump Caspian gas from Azerbaijan to Europe has bumped the ‘Euro-Caspian Mega Pipeline’ (ECMP) into western media coverage and lead to criticism of yet another unsavoury Blair consultancy.
EU funds and biomass: Slovakia risks losing sight of both the wood and the trees
August 8, 2014
EU funds for the 2014-2020 budgetary period look set to further fuel the massive over-exploitation of biomass for energy use in Slovakia. Formally, both the European Commission and the Slovak Ministry of Economy have announced the introduction of sustainability rules to govern the use of new EU money. Yet only the final phase of EU funds programming – now under way – will determine whether or not this latest injection of EU investment money will recklessly contribute to the destruction of Slovakia’s key natural treasure – its forests.
Opportunities and expectations towards the EIB climate policy review
July 24, 2014
After effectively phasing out lending to lignite and coal-fired power plants in its energy policy in 2013, the EIB is now reviewing its climate policy. This joint NGO letter expresses the expectations towards the EIB to align its lending further with climate science and the EU Roadmap 2050 by proposing a genuine strategy for the bank to phase out funding for projects that are detrimental to the climate and to mainstream climate considerations into each and every sector of operations the Bank is engaged in.
Human rights defenders clampdown in Azerbaijan – letter to Commissioner Fule asking to support civil society
July 18, 2014
The letter asks EU Commissioner for Enlargement and European Neighbourhood Stefan Fule to put pressure on the Azeri authorities and support and protect civil society that faces an escalating suppression. Last week more than 20 NGOs were confronted with sanctions that included freezing bank accounts and seizing personal accounts of NGO executives and others. This is a continuation of the government’s on-going harassment campaign against human rights defenders that uses tactics like police summons, arrests, propaganda, and slandering and threating organisations with closure.
Deficiencies in the implementation of the partnership principle in Cohesion Policy – Response from DG Regio
July 16, 2014
This is the response to a letter from 19 European organisations regarding deficiencies in the implementation of the partnership principle in Cohesion Policy.
