Bankwatch and Counter Balance statement on the mid-term review of the Investment Plan for Europe
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.
The European Investment Bank and climate action 2013-2015
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.
To mobilise investments for energy efficiency, Commission needs to put money where its mouth is
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.
Škodlivé projekty z balíka
August 4, 2015
Nedávno Európsky parlament prijal hodnotiaci mechanizmus „scoreboard“, na základe ktorého sa bude rozhodovať o tom, ktoré projekty z plánovaného 315-miliardového Junckerovho balíčka alebo z Európskeho fondu pre strategické investície dostanú garancie z európskeho rozpočtu.
Hungary and the Energy Union: The devil is in the details
August 4, 2015
Hungary needs to transform its energy sector. But can the Energy Union kickstart such change? The vision presented by the European Commission’s Vice President Maroš Šefčovič includes a few promising nuggets, but overall risks reinforcing the status quo.
O peniaze z Junckerovho fondu sa uchádza kontroverzná slovenská priehrada
August 3, 2015
Mimovládne organizácie upozorňujú, že bez prísnejších ekonomických a environmentálnych kritérií podporu z 315 miliardového Junckerovho balíka získajú aj rôzne kontroverzné projekty ako vodné dielo Slatinka.
Energy Union benefits are full of paradoxes in the land of Kafka
July 30, 2015
More clarity is needed regarding the Energy Union’s priorities for the Czech Republic.
Slovakian dam project is a warning sign for Juncker’s investment drive
July 22, 2015
The European Parliament will soon be voting on a Scoreboard that will help assess candidate projects to the EUR 21 billion European Fund for Strategic Investment (EFSI). Stringent economic, social and environmental criteria are a paramount need for ensuring investments that contribute to a more sustainable Europe.
European Fund for Strategic Investments (EFSI): Smart, sustainable and inclusive growth – recommendations for the Delegated Act establishing a scoreboard of indicators
June 21, 2015
European Fund for Strategic Investments: Legal requirements to ensure additionality and added-value of EFSI operations
May 15, 2015
The first four projects that the European Investment Bank announced for financing under President Juncker’s EUR 315 billion investment initiative, the European Fund for Strategic Investments (EFSI), reveal the structural inconsistencies of both the EFSI legal set-up and the EIB procedures themselves. For the time being there is no genuine guarantee about the additionality of EFSI financing and added-value to EU’s long-term economic development objectives, in particular the multiple dividends of a decarbonised and decentralised energy system with substantial energy savings at its heart.
