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Home > Archives for EU funds

EU funds

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.


EU-China leaders’ meeting: EU must do more to tackle legal breaches by Chinese companies in Europe, say civil society organisations

September 14, 2020

The European Union needs to step up its actions on violations of EU law by Chinese state-owned enterprises (SOEs) in Europe, warned civil society groups working in southeast Europe today (1), as European and Chinese leaders meet online in lieu of the postponed Leipzig summit.


No proper benchmark for checking European Export Credit Agencies’ compliance with EU objectives

September 4, 2020

Despite being the biggest class of public finance institutions operating internationally, export credit agencies (ECAs) are rarely subject to any public scrutiny. European ECAs declare the compliance with the non-binding OECD Common Approaches standards, but it’s an insufficient benchmark for evaluating compliance with the EU’s External Action obligations as stated by the relevant EU Regulation.


EU FUNDS FOR A GREEN RECOVERY: RECOMMENDATIONS TO STEER EU REGIONAL AND RECOVERY FUNDING TOWARDS CLIMATE NEUTRALITY

July 16, 2020

This report highlights investments and measures as listed in NECPs. It proposes new measures which have a great potential to boost climate ambition and a green recovery, and should receive EU and recovery funding as a priority.


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