Revealed: EBRD climate crimes rising
Bankwatch Mail | 17 May, 2012 | Download PDF
EBRD efforts to clean up its energy lending in central and eastern Europe are being undermined by extensive fossil fuel investments, with astonishing increases in the EBRD’s backing for coal and oil projects in 2011.
Tug of War: Fossil fuels vs. green energy at the EBRD
Briefing | 17 May, 2012 | Download PDF
The briefing summarises the findings of the Bankwatch study ‘Tug of War: Fossil fuels vs. green energy at the EBRD’. The study shows that almost half of the 6.7 billion euros lent to energy related projects by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.
Tug of War: Fossil fuels versus green energy at the EBRD
Study | 17 May, 2012 | Download PDF
Our study shows that almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.
Cohesion Policy reform: Supporting and improving thematic concentration
Briefing | 16 May, 2012 | Download PDF
The Coalition for Sustainable EU Funds supports the principle of thematic concentration in the European Commission’s Cohesion Policy legislative package from October 2011. However, changes brought forward by some Member States risk hampering a critical mass of investments in areas that help deliver on EU agreed targets by 2020, especially the Europe 2020 Strategy targets.
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