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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.


How many white elephant projects can you fit into EU funds programming?

Bankwatch Mail | 8 August, 2014 | Download PDF

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?

Bankwatch Mail | 8 August, 2014 | Download PDF

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.


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