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REPowerEU deal is a blow to a more climate-oriented energy policy in central and eastern Europe

Blog entry  |  December 22, 2022

Six months after the proposal was put forward, a deal was struck by EU negotiators on the financial leg of the REPoweREU plan, the EU’s strategy to cope with the energy crisis and phase Russian fuels out of the market. National governments will be invited to quickly add new chapters to their recovery plans, which is potentially good news and a chance to further invest in the energy transition. However, Member States must avoid falling into the trap of fossil fuels, which are making a comeback in the palette of investments eligible for EU funds.

Can EU policy drive decarbonisation in the Western Balkans?

Press release  |  December 7, 2022

The challenges that the new Carbon Border Adjustment Mechanism (CBAM) will bring to the Western Balkan countries were the focus of a panel discussion hosted by MEP Petros Kokkalis (the LEFT) and co-organised by CEE Bankwatch and the Green Tank that took place on Tuesday December 6 at the European Parliament.

The EBRD must finally leave fossil fuels behind

Blog entry  |  December 6, 2022

No justification for more public money going to the fossil fuels industry, say dozens of central and eastern European civil society organisations. The European Bank for Reconstruction and Development must urgently shift its investments to help accelerate the energy transition.

Is Estonia doing enough to reach 100 per cent renewable electricity, and can it do even more with the help of REPowerEU?

Blog entry  |  November 21, 2022

On 12 October, Estonia’s parliament adopted a new renewable electricity target of 100 per cent by 2030. The strategic use of EU cohesion and recovery funds in Estonia will help reach that goal, and the additional EUR 83.4 million from REPowerEU has the potential to do even more.

‘Destructive, undemocratic and possibly illegal’ – green groups slate leaked EU renewables emergency measures

Press release  |  November 8, 2022

EU plans for an emergency regulation to accelerate renewable energy deployment are highly destructive for biodiversity, undemocratic and possibly illegal, CEE Bankwatch Network and EuroNatur warned today, after a leaked text of the proposal was published by Context Energie. 

In an effort to wean itself off Russia’s energy, the EU is running into the arms of another dictator

Bankwatch in the media  |  November 5, 2022

Europe is in a tough spot.For years, the European Union (EU) has relied on Russia to supply the oil and gas it needs to power industries …

Lung Run Ugljevik: a race against time for a just transition

Press release  |  October 30, 2022

Under the motto ‘Run for clean air – step by step for a just transition’ more than 50 people from eight countries gathered on 29 October in Ugljevik, Bosnia and Herzegovina to raise awareness about the urgency of a clean and sustainable future for coal dependent regions in the Western Balkans in a ten-kilometre trail running event.

100 per cent renewable electricity is a realistic and necessary target for Estonia and Europe

Blog entry  |  October 19, 2022

Estonia’s parliament adopted a new renewable electricity target of 100 per cent by 2030. This is a huge leap forward, indicating the necessity of strong political will to carry out the green transition and meet climate goals on time.

Replacing coal with forest biomass for heating is a dangerous green mirage

Blog entry  |  July 21, 2022

With the energy transition well underway, and the end of the era of coal clearly on the horizon, biomass for heating is gradually becoming a favorite for governments in the Western Balkans and their financial partners. ‘Tree power’ might sound like the greenest kind of energy, but burning timber from forests to heat homes is anything but sustainable.

EIB Global: new branding, old problems

Blog entry  |  July 20, 2022

With the launch of its new development branch EIB Global, the European Investment Bank (EIB) has shown its appetite for becoming a significant player in the field of development finance. However, without a major change in the Bank’s management and the shareholders’ approach to the impacts of its operations, EIB Global will remain a public relations exercise and a lost cause.

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