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Home > Archives for climate action

climate action

Can the European Investment Bank move ahead of the pack on climate?

October 21, 2014

The European Investment Bank is gearing up for an increased role in spurring growth in Europe as set out by the new Juncker Commission. Yet as Europe’s 2030 climate targets are being undermined by some countries the bank that wants to be a leader in climate action must keep in mind that we can no longer afford growth without sustainability.


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

August 8, 2014

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”.


European Parliament criticises Serbia’s lack of progress on renewables

February 4, 2014

Facing criticism by the European Parliament of its progress on climate friendly energy sources, the Serbian government tells Bankwatch’s member group that the future of the country’s energy system is none of their business.


EU budget’s climate potential at risk in eastern Europe – new data

November 18, 2013

Brussels, Belgium – Ahead of anticipated final agreement in the European Parliament this week (Tuesday November 19) on the forthcoming EU budget (for the period 2014-2020), CEE Bankwatch Network and Friends of the Earth Europe have today published data that shows how eight central and eastern European countries are failing to tap the climate potential of future EU billions.


Cough4Coal: New campaign video sets the scene for climate negotiations in Poland

November 4, 2013

A promotional video for an upcoming climate protest in Warsaw draws attention to the negative influence that coal has on our health and that coal businesses will have on the global climate negotiations.


Face the future: Members of European Parliament discuss energy lending of European public banks

June 3, 2013

A roundtable discussion on European public banks and energy lending brought together Members of the European Parliament and non-governmental organisations, while the public banks themselves chose to stay away.


Divesting from coal is not ideology but climate science – a reminder for the EBRD

May 14, 2013

The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch’s EBRD campaign team to react.


The climate crisis and the role of Europe’s public banks

April 22, 2013

With each passing day, there is less chance that we will manage to keep the planet within the “safe” limit of two degrees Celsius global warming that would avoid disastrous climate change. The European Investment Bank and the European Bank for Reconstruction and Development can play a pivotal role in leveraging more private investment for sustainable energy. Both institutions are now reviewing their energy lending policies.


A mostly accommodating lion’s den – the second civil society meeting with the EIB Board of Directors

February 8, 2013

A meeting of civil society and the European Investment Bank’s Board of Directors saw a surprising degree of agreement between two often adverse groups.


When loyalty blocks climate action – Polish parliament pledges allegiance

October 17, 2012

The Polish government has a sad reputation for adopting unilateral, even obscure approaches when it comes to our country’s energy policy. What now came as a very disappointing surprise is that the Polish parliament joined the opportunistic chorus of denial – one that considers alternatives to the continued reliance on fossil fuels as a threat to Poland’s security.


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