March 20, 2017
The key to unlocking a more inspiring and politically winnable New Vision for a strong Europe may well be the next European budget.
September 28, 2016
Cash that should be flowing into projects that boost environmental sustainability is instead fuelling outdated carbon-intensive projects like motorways, airports, and fossil-fuel infrastructure, according to a new report on Europe’s investment plan released today
August 26, 2015
Clear guidance is needed more than public assurances to make the European Fund for Strategic Investments (EFSI) be indeed a vehicle for energy efficiency. Counter to public statements, the current set-up does not promise to be effective.
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.
December 18, 2014
Brussels – Environmental NGOs call on President Juncker, the European Commission and the European Investment Bank to consider for financing from the 315 billion growth package only projects which are sustainable and in line with EU goals and only after proper public consultation with potentially affected communities.
December 8, 2014
Brussels – A list of projects member states want to see financed from the Juncker investment package has been made public in expectation of tomorrow’s summit where finance ministers will discuss the package. Coal, nuclear and incinerators are among the various countries’ priorities, which fail to add up to the long-term strategic plan to stimulate growth and sustainability in Europe that Juncker promised.
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.
December 2, 2014
Here we go again. Having been called upon to ramp up its investments in 2009 and 2010 as part of Europe’s initial financial crisis fire-fighting, and then in 2012 been a central cog in the EU’s ambitious but ultimately lacklustre ‘Growth Compact’, the European Investment Bank now finds itself at the heart of new European Commission president Jean-Claude Juncker’s three-year drive to boost investment in Europe, as unveiled on November 26.
November 26, 2014
Brussels – Today European Commission president Jean-Claude Juncker will present his widely anticipated 300 billion euro investment package aimed at stimulating growth in the European economy. Central to the InvestEU programme is a 21 billion euro allocation for the newly-created Euopean Fund for Strategic Investment (EFSI) that has to leverage 315 billion euro from private investors, or 15 times the amount of the fund.
Green 10 letter to President Juncker protesting the slidelining of environment in the new European Commission
September 11, 2014
In the letter, the ten leading environmental organisations in Europe express their grave concerns over the direction the EU seems to be taking with the new Commission. The structure of the new Commission, the mission letters, and the choice of Commissioners all reveal a serious downgrading of environment and a roll back of EU commitments to sustainable development, resource efficiency, air quality, biodiversity protection and climate action.