Slovakia’s climate duplicity
August 15, 2019
At home, Slovakia pays lip service to the climate issues, but abroad – it does not even bother pretending. As it continues to finance crude oil facilities in Cuba, its real climate ambitions are laid bare.
European Investment Bank proposes end to fossil fuel lending | World Economic Forum
July 30, 2019
With under 5% of its lending currently going towards fossil fuel projects, can the EIB help battle climate change? Source: European Investment Bank proposes end to fossil fuel lending | World Economic Forum
EIB to consider freezing fossil fuel financing – Delano – Luxembourg in English
July 29, 2019
The European Investment Bank’s board of directors will vote on halting lending for fossil fuel-based projects “by the end of 2020”. Source: EIB to consider freezing fossil fuel financing – Delano – Luxembourg in English
For the third year in a row, the European Commission asks Romania to stop big polluters
July 29, 2019
The European Commission’s July 2019 infringements package list [1] prominently features Romania. The country is called out for its industrial installations operating without an environment permit and “a systemic failure to monitor air pollution”.
EU Lending Bank To End All Fossil Fuel Financing By 2020
July 27, 2019
Following a pledge by incoming Commission President Ursula von der Leyen to change its remit, the European Investment Bank has announced plans to end fossil fuel lending. But is it an attempt to avoid a systemic overhaul? Source: EU Lending Bank To End
European Investment Bank proposes end to fossil fuel lending | Business Recorder
July 27, 2019
LONDON: The European Investment Bank wants to stop funding new fossil fuel-reliant projects by the end of 2020, a draft of the EU lending arm’s new energy Source: European Investment Bank proposes end to fossil fuel lending | Business Recorder
Setting precedent, EU bank to drop all fossil fuels funding beyond 2020
July 26, 2019
Prague, Brussels – The European Investment Bank, the house bank of the EU, is proposing to end financing for all fossil fuels beyond 2020, becoming the first multilateral financial institution to make such a commitment in line with the Paris Agreement.
Third time’s a charm? New attempts to sell off unprofitable Czech coal plant in Turkey
July 25, 2019
The Turkish state fund TMSF opened a new round of bidding for the troubled Adularya coal power plant only two weeks after a second unsuccessful attempt to sell the project. The move is unexpected because this third round preempts statements by the Czech Minister of Industry and Trade, which had said it planned a visit to Ankara to understand why the tender failed for the project that has been plagued by legal challenges.
Slovakia’s €3 billion fund to move from coal | Article | KHL
July 10, 2019
Government approves local community’s transition plan in line with EU’s 2050 carbon neutral goal Source: Slovakia’s €3 billion fund to move from coal | Article | KHL
bne IntelliNews – TANAP pipeline comes online, a major piece in Europe’s energy puzzle
July 3, 2019
Completion of the TANAP pipeline brings completion of the Southern Gas Corridor that will diversify Europe’s gas supplies away from Russia closer to reality — at a time when Russia is building its own new pipeline infrastructure. Source: bne IntelliNew
