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Home > Archives for EU funds

EU funds

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.


New report calls on Member States to steer EU regional and recovery funding towards climate neutrality

July 16, 2020

Ahead of this week’s European Council meeting where Heads of State will gather to discuss and potentially agree on the next term EU budget, the report analyses investments and measures presented in the NECPs of the following 14 Member States: Bulgaria, Croatia, Czechia, Denmark, Estonia, France, Hungary, Latvia, Poland, Portugal, Romania, Slovakia, Slovenia and Spain. It points out the measures in NECPs that are set to receive funding from the next EU budget and recovery funding, makes the case for significant spending improvements to boost climate ambition, and indicates harmful measures in the NECPs that should be excluded from the EU funding.


European Parliament asks European Investment Bank to double down on sustainability and transparency

July 9, 2020

The European Parliament has called on the European Investment Bank (EIB), the world’s largest public lender, to facilitate Europe’s effort to tackle the climate crisis by fully aligning its investment policies and practices with the Paris climate accord.


EU budget breakthrough achievable with higher climate ambition, say campaigners

June 19, 2020

Brussels – Emphasising green spending in the next one trillion plus euros EU budget is the surest way to reach an agreement on the deal while leading the bloc to a more resilient recovery from the pandemic, say campaigners at CEE Bankwatch Network ahead of today’s European Council.


The missing link: Green recovery and energy transition in Hungary and CEE

June 15, 2020

To achieve a green recovery with EU funds, what depends on CEE Member States and what depends on the EU?


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