Less is more: Romanian energy trajectory shows potential for low carbon economic growth – report
July 6, 2016
Romania could well be on path to a sustainable, prosperous economy if decision makers acknowledge growing GDP in tandem with dropping energy demand, a report released today by Bankwatch Romania argues.
Decoupling economic growth from energy consumption in Romania
July 6, 2016
The report tackles the common assumption that continued economic growth necessarily entails a rise in energy consumption. The analysis shows that this is not what happens in reality, in Romania and in other EU countries. The Romanian energy ministry acknowledges that since 2009 the country’s GDP has been growing while energy consumption has been falling, but it has so far failed to factor this trajectory in the ongoing development of a new national energy strategy.
UPDATE 7: Juncker on the investment offensive … against Europeans, the economy and the environment
January 22, 2015
Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.
EU Project Bonds are a worrying indication for the future EU long term investment plans
December 4, 2014
As the pilot phase of the EU Project Bonds Initiative is coming to an end, a roundtable discussion in the European Parliament takes stock of the initiative.
A threatened growth package
July 20, 2012
Shifting gears from the austerity years, EU leaders recently proposed injecting EUR 120 billion into the European economy.
The writings on the European Parliament’s wall: Make the EIB choose a brighter future
May 15, 2012
Ahead of the European Investment Bank’s annual meeting, Counter Balance and Bankwatch have chosen an unconventional way to remind the EIB shareholders of the bank’s chequered track record.