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Can the EIB lead the European economy out of crisis by championing EU climate policy?

Bankwatch Mail | 8 August, 2014 | Download PDF

The European Investment Bank, the biggest multilateral public bank in the world by lending volume and the self-styled ‘EU bank’, has recently announced that it will be reviewing its approach to climate change in the coming months. According to comments made by EIB vice-president Philippe de Fontaine Vive to civil society representatives, “The EIB wants to position itself between this October’s anticipated EU 2030 climate agreement and the Paris COP 21 meeting in December 2015”.


EU budget last lap – going for gold, and green

Bankwatch Mail | 8 August, 2014 | Download PDF

Mathieu Fichter, Team Leader on ‘Sustainable Growth’ in the European Commission’s Regional and Urban Policy directorate (DG Regio), and Markus Trilling, EU Funds coordinator for Bankwatch and Friends of the Earth Europe, discuss and reflect on the challenges and opportunities that are being thrown up as we enter the final negotiating stages in the programming process for the EU budget 2014-2020.


58 minutes of power for one billion Czech crowns – a good deal for some

Bankwatch Mail | 8 August, 2014 | Download PDF

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

Bankwatch Mail | 8 August, 2014 | Download PDF

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

Bankwatch Mail | 8 August, 2014 | Download PDF

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.


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