The best laid plans – Why the Investment Plan for Europe does not drive the sustainable energy transition
September 28, 2016
This report analyses projects approved by the European Fund for Strategic Investments (EFSI) in its first year of operation. The fund should catalyse €315 billion in new investment, and play an important role in the fight against climate change. However, as the analysis finds, during the EFSI’s first year an additional €1.5 billion was earmarked for fossil fuel infrastructure, and 68% of transport investment is destined for carbon-intensive projects.
Juncker Investment Plan 2 and review of EU budget offer no progress towards Europe’s long-term climate goals
September 15, 2016
What should have been two significant contributions to Europe’s war chest in the fight against climate change will in fact leave the planet short-changed and open the door to even more polluting fossil fuel projects, argue campaigners at Bankwatch, Friends of the Earth Europe and Climate Action Network Europe.
September 15, 2016
Environmental NGOs have claimed the European Commission’s investment plans will “open the door” to more fossil fuel projects […]
July 14, 2016
Začiatkom júla začalo Slovensko predsedať Rade Európskej únie. Uprostred politických turbulencií nielen u nás doma, ale aj v Európe sa slovenská vláda rozhodla podporiť zaznamenaniahodné nástroje ekonomickej politiky.
EFSI case study: Bratislava bypass: A transport public-private partnership with high costs and limited benefits
June 8, 2016
The so-called European Fund for Strategic Investments (EFSI) should unlock additional investment of at least EUR 315 billion over a three year period (2015-2017). One of the projects benefiting from the financing concerns the design, construction, operation and maintenance of about 27km of a motorway around Bratislava. The project will come with high costs, will damage biodiversity and likely not solve local transport problems.
June 7, 2016
MEP Georgi Pirinski, rapporteur of the annual report on the European Investment Bank, shares his views on how to improve the way the bank operates.
EFSI case study: Energy efficiency in residential buildings in France: Energy Performance Contracting to boost investments
June 6, 2016
The so-called European Fund for Strategic Investments (EFSI) should unlock additional investment of at least EUR 315 billion over a three year period (2015-2017). One of the projects benefiting from the EU financing is a program that aims to promote energy efficiency in the housing stock through the funding of certain regional/local initiatives supporting energy renovation of private residential buildings in France.
June 1, 2016
Brussels, Prague – European Commission Vice President Jyrki Katainen presented today the mid-term result of the Investment Plan for Europe. The European Fund for Strategic Investments (EFSI), the financial arm of this investment strategy, was established by the European Commission and the European Investment Bank (EIB) in 2015 with the aim of mobilising private investments to stimulate the European economy.
May 23, 2016
The European Investment Bank’s lending for climate action between 2013 and 2015 shows that further structural changes are needed to align the bank’s portfolio with the objectives of the Paris agreement.
August 26, 2015
Clear guidance is needed more than public assurances to make the European Fund for Strategic Investments (EFSI) be indeed a vehicle for energy efficiency. Counter to public statements, the current set-up does not promise to be effective.