That’s what they call sustainable. The EBRD’s 10 billion for sustainable energy
November 6, 2012
The European Bank for Reconstruction and Development boasts of having invested 10 billion euros in sustainable energy since 2006. A closer look reveals that although the bank’s efforts deserve recognition, several investments make a mockery of ‘sustainability’.
How Ukraine can survive without nuclear – renewable energy potentials reviewed
October 22, 2012
A closer look at Ukraine’s energy strategy reveals fundamental flaws in the government’s plans to continue using old nuclear reactors and its rhetoric of nuclear being the only possible alternative.
Environmentalists, get your keyboards ready: The European Investment Bank asks for inputs on its energy policy
October 11, 2012
With annually more than ten billion euros of investments in the energy sector, the EIB can have a tremendous influence on our energy future. If we want the bank to help us “get it right”, the time for providing inputs is now.
Continued EU budget battle could sacrifice clean energy investments and clog economic recovery
September 25, 2012
Continued debates about a reduction of the future EU budget jeopardise the potential of using EU funds for energy efficiency and renewables investments to provide necessary economic stimulus and climate mitigation.
#Endfossilfuelsubsidies in Ukraine
June 19, 2012
Joining a global day of action against fossil fuel subsidies, Bankwatchers in Ukraine highlighted how much still needs to be done in their country.
Tug of War: Fossil fuels versus green energy at the EBRD
May 17, 2012
Our study shows that almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.
There you have it: Green investments do create jobs
November 18, 2011
A study from the Czech Republic vividly confirms the positive economic impact of public support schemes for energy efficiency investments. The future Cohesion Policy can offer valuable stimuli for such schemes – if EU Member States set the right priorities now.
There is a light at the end of the EIB tunnel
October 18, 2011
The European Investment Bank finally invited for a dialogue with civil society organisations. It might be a little ambitious to say that true dialogue happened there, but certainly the NGOs were able to send a couple of strong messages to the EIB Board, and, for a while, it felt like the Board was listening.
Why not do the obvious and use the EU bugdet for energy efficiency?
August 4, 2011
As discussions intensify about the future European Union budget, Bankwatch’s Czech energy campaigner outlines how spending EU money on energy efficiency promises better economic, social and environmental returns than the prevailing consensus about big infrastructure projects.
Harnessing the EU recovery plan for green and accountable investments
March 13, 2009
The unprecedented economic crisis has the potential to provide a significant boost to the environment. Today, investing in a green economy and green jobs is seen as one of the top priorities for moving beyond the crisis. This unique window of political opportunity for the promotion of green investments should not be missed – and how European public money is to be used to get us out of these economic straits is on the line next week.
