NEW REPORT: Is the EIB too faulty to become the ‘EU Development Bank’?
November 9, 2020
With the EU actively debating the reshaping of its development role in the context of the current global health and economic challenges and the ‘Finance in Common’ summit kicking off today, the European Investment Bank (EIB) is looking to take center stage as the new ‘EU Development Bank’.
Can the EIB become the “EU Development Bank”?
November 9, 2020
This report analyses the EIB’s track record in the development field and offers a series of detailed recommendations for fundamental reforms at the EIB, so that the Bank can better support partner countries’ development priorities and ultimately become a credible candidate for the “EU Development Bank” seat.
European Commission’s assessment of Romania’s final national energy and climate plan
October 29, 2020
Two weeks ago, the European Commission published its first report on the State of the Energy Union after the adoption of the European Green Deal.
Leaked document: Czechia plans to spend EU just transition money on gas and subsidising corporations
October 22, 2020
The Czech government is planning to use money from the Just Transition Fund (JTF) to finance the transition of coal units to gas and subsidise large energy companies owned by the state or Czech billionaires, according to a 40-page document authored by the Czech Ministry of Regional Development and the Ministry of Environment, which was just leaked to Czech media.
Victory in Parliament: a green agenda placed at the heart of Europe’s recovery
October 20, 2020
The Environment Committee paves the way for a green and sustainable recovery by applying stricter criteria for all new investments in fossil fuels.
A dozen governments back 55% emissions cut by 2030, but divisions remain
October 15, 2020
Source: A dozen governments back 55% emissions cut by 2030, but divisions remain
Eastern Europe climate plans struggle to keep pace with EU’s green ambitions
October 15, 2020
Brussels – An in-depth assessment published yesterday [1] by the European Commission of the 27 EU states’ National Energy and Climate Plans (NECPs) highlights the growing gap between what eastern members’ plan and the ambitious targets set in the European Green Deal.
Any increase in renewable energy targets must exclude environmentally destructive projects
September 29, 2020
Raising renewable energy targets alone will not be enough to reduce GHG emissions in a sustainable manner. The Commission must also match this with tighter criteria for hydropower and biomass projects.
The (Un)Just Transition Fund: the European Parliament shows how green it really is
September 22, 2020
Hours after the European Commission announced plans to increase the GHG emissions reduction target to 55%, MEPs voted to keep fossil fuels in the Just Transition Fund.
MEPs gas a green EU budget by voting for fossil fuels in Just Transition Fund
September 16, 2020
The European Parliament plenary session today voted for a 17.5 billion euros Just transition Fund that would permit the funding of fossil fuels projects, striking a blow to the EU’s ambitious European Green Deal.