It’s time to put an end to EU funding of fossil gas
June 27, 2022
While EU households and industry face months without heating, exorbitant energy bills and insecurity, EU funds are driving an increase in the demand for gas in the region, a Bankwatch analysis of Modernisation Fund spending shows.
Secrecy surrounding €672 billion in EU recovery funding jeopardises building back better
February 9, 2021
Little is known about how Member States intend to use funds from the EU’s EUR 672 billion Recovery and Resilience Facility, raising concerns about the bloc’s ability to rebound from the economic downturn as it moves towards meeting Europe’s long-term climate and energy goals, finds new research by Bankwatch for the Green 10 network of environmental groups .
Shadowy spending of pandemic funds could dash EU hopes for a green recovery
November 30, 2020
Member States in central and eastern Europe have provided next to no information about how they intend to spend from the 671 billion euros Recovery and Resilience Facility, a new fund aimed at helping build back better economies in support of the European Green Deal, finds a report from CEE Bankwatch Network.
EU’s eastern half slow to join wind and solar revolution
March 22, 2017
Renewable energy advocates are hailing the beginning of a new era for wind and solar power, which are finally becoming competitive at market prices with the advent of the latest generation of technologies. Source: bne IntelliNews – EU’s eastern half sl