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Fossil fuel subsidies from Europe’s carbon market

Briefing | 27 April, 2016 | Download PDF

The so called Article 10c of the EU ETS Directive allows lower-income Member States from central and eastern Europe to give allowances for free to electricity installations under the condition that they invest at least the equivalent monetary value of the free allowances in the modernisation and diversification of their energy systems. This briefing contains a detailed review of the experience so far and offers recommendations for the post 2020-period.


ETS Modernisation Fund – catalysing the clean energy transformation in central and eastern Europe

Briefing | 11 April, 2016 | Download PDF

Within the framework of the EU’s 2030 climate and energy policies, the Modernisation Fund aims to support lower-income Member States in meeting their investment needs related to energy efficiency, including financing small-scale investments projects and the modernisation of energy systems. Based on experience with funding mechanisms at the European Investment Bank, the European Commission and the EU budget, this briefing recommends several structural elements for the establishment of the Fund.


Lost in transition – 25 years of the European Bank for Reconstruction and Development

Study | 11 April, 2016 | Download PDF

This report examines a selection of cases monitored by CEE Bankwatch Network and its partners in recent years and highlights some of the weaknesses observed in the EBRD’s approach to environmental, social, democracy and development issues. On 15 April 2016 the European Bank for Reconstruction and Development (EBRD) will mark its 25th anniversary. This opportunity should kick-start a debate about what the London-based public bank has achieved since it started operations in 1991 and to reflect on its future.


Where the grass is less green. Public funding for energy in the European Neighbourhood Policy

Study | 7 April, 2016 | Download PDF

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 study examines EU financing for the energy sector in 16 countries of the European Neighbourhood between 2007 and 2014.


Complaint: Maladministration in the EIB’s appraisal and monitoring of the Nam Theun 2 dam in Laos

Official document | 6 April, 2016 | Download PDF

Eleven years after the European Investment Bank’s decision to support the construction of the