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Home > Publications

Publications

Report


Glass half full? Mid-term analysis of the Modernisation Fund’s operations


This publication updates Bankwatch’s 2025 assessment of the EU's Modernisation Fund and comes at a critical moment for EU climate and energy policy.

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Topics
16 June 2021
New beginnings at 30: can the EBRD leave behind fossil gas to become a bank fit for our future?

This report analyses the EBRD’s energy-related operations across the first two years of the Bank’s new Energy Sector Strategy (ESS) (2019-2020). This initial period of the ESS’s implementation is also compared to the previous ESS implementation period (2014-2018) to assess w…

9 June 2021
Problematic measures to be addressed during the ongoing assessment of Recovery and Resilience Plans

This briefing provides a compilation of assessments of recovery plans submitted to the Recovery and Resilience Facility. The document was prepared in cooperation with Climate Action Network (CAN) Europe, EuroNatur and the European Environmental Bureau (EEB) that put together…

1 June 2021
Joint CSO letter on the TEN-E regulation: Stop the expansion of fossil gas

This advocacy letter aims to express civil society organisations’ concerns on the reintroduction of fossil gas in the revised trans-European infrastructure energy (TEN-E) regulation.  Bankwatch and 53 other CSOs ask governments to vote against the inclusion of fossil gas inf…

31 May 2021
The role of gas in the recovery and resilience plans

This briefing analyses plans for gas investments in the recovery plans of eight central and eastern European countries (Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Poland, Romania and Slovakia). It reveals that most contain gas investments, such as gas boilers (t…

27 May 2021
Heating in the Western Balkans. Overview and recommendations for clean solutions

This report makes the case for the urgent need to decarbonise heating in the Western Balkans. Heating in the region is still predominantly reliant on fossil fuels and other unsustainable heating sources, like wood biomass burnt in inefficient stoves. There is also a lack of…

21 May 2021
An ambitious vision for European wildlife. Suggestions to the draft Vision and Strategic Plan for the Bern Convention for the period to 2030.

Friends of the Earth Europe (FOEE) and CEE Bankwatch Network submitted joint suggestions to the draft Vision and Strategic Plan for the period to 2030 of the Bern Convention on the Conservation of European Wildlife and Natural Habitats. The final text will be approved by the…

21 May 2021
Assessment of Bulgaria’s recovery and resilience plan

This briefing provides an overview of Bulgaria’s proposed measures (as of 16 April) for spending funds from the EU’s Recovery and Resilience Facility. Although the plan proposes some positive measures for the environment and climate, it also includes investments in fossil fu…

20 May 2021
Building back biodiversity: How EU Member States fail to spend the recovery fund for nature

This report brings together assessments of the national recovery and resilience plans of ten central and eastern European (CEE) countries (Bulgaria, Croatia, the Czech Republic, Estonia, Hungary Latvia, Poland, Romania, Slovakia and Slovenia). It outlines the poor status of…

18 May 2021
Eight steps for a just transition in the Western Balkans

Eight steps for a just transition aims to encourage national campaigners, civil movements, and local activists to begin the just transition process in their communities. Based on Bankwatch’s experience working with just transition countries in central and eastern Europe, thi…

7 May 2021
Assessment of the Czech Republic’s recovery and resilience plan

This briefing provides an overview of the Czech Republic’s proposed measures (as of 9 April) for spending funds from the EU’s Recovery and Resilience Facility. The Czech recovery plan includes a number of measures supporting the energy efficiency and digitalisation agendas….

29 April 2021
Assessment of Hungary’s recovery and resilience plan

This briefing provides an overview of Hungary’s proposed measures (as of 1 April) for spending funds from the EU’s Recovery and Resilience Facility. Although Hungary’s draft recovery and resilience plan does not directly finance fossil fuels, it does not make a clear commitm…

28 April 2021
Assessment of Latvia’s recovery and resilience plan

This briefing provides an overview of Latvia’s proposed measures (as of 27 April) for spending funds from the EU’s Recovery and Resilience Facility. Although it contains many green measures, Latvia’s recovery and resilience plan is a more a list of projects intended to fill…

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