Unfit for 55: How EU climate money is supporting gas-fired heating in Slovakia
October 3, 2024
Despite a marked drop in fossil-gas consumption, Slovakia supported district heating systems to run on fossil gas with EUR 55 million from the EU’s Modernisation Fund.
EU climate fund bankrolling dirty energy expansion
June 25, 2024
As global temperatures continue to soar and climate disasters hit the most vulnerable, the EU’s little-known Modernisation Fund is propping up unsustainable energy infrastructure.
Energy insecurity: EU funds for fossil gas in Poland and Romania contradict climate goals
June 6, 2023
This report reveals how much EU public money has been channelled toward the expansion of fossil gas infrastructure in Poland and Romania since 2014 as well as what plans these two countries have for using various EU funding sources to finance additional fossil gas projects in coming years.
Towards energy democracy: launch of new financing tracker for energy communities in the EU
May 19, 2023
The EU’s Multiannual Financial Framework 2021-2027 offers a unique opportunity to use public finances to accelerate the energy transition. But to succeed, this transition must be inclusive, equitable and citizen-centred.
Potrebujeme obnoviť školy či úrady, ak budú v zlom stave, prídeme o ne (rozhovor)
February 13, 2023
Juraj Melichár v relácií Na rovinu Zdroj: Branislav Wáclav/Aktuality.sk …
The Modernisation Fund in central and eastern Europe
December 13, 2022
This briefing gives insights into the Modernisation Fund, a funding programme to support 10 lower-income EU Member States in their transition to climate neutrality by modernising their energy systems and improving energy efficiency.
Modernisation Fund to boost fossil fuels in Poland
January 21, 2022
Billions of euros earmarked for a green transformation and renewables may instead finance fossil gas and waste incineration. Fears are coming true that without transparent public oversight, the Modernisation Fund would become a pipeline for projects harmful to the climate and environment. The Polish example shows that investments banned from the Cohesion and recovery funds are moved to the Modernisation Fund.
The ETS Modernisation Fund: Catalysing a locally-driven energy transition in central and eastern Europe
June 21, 2016
Energy Cities, Counter Balance, CEE Bankwatch Network and Change Partnership see the ongoing revision of the European ETS as a crucial opportunity to support the EU in meeting its 2030 climate targets, deliver on the Paris agreement and accelerate the locally driven energy transition. We welcome the proposal to establish an ETS (Emission Trading System) Modernisation Fund for low-income Member States.
