Economic justice policy officer
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After one year of negotiations, at the beginning of April, the European Commission finally endorsed the sixth and final version of Bulgaria’s recovery plan. According to the Commission, nearly 60 per cent of the projects included in the plan support the green transition of the country, which is the highest percentage among all the recovery plans approved so far.
The guide is a product of the Life ETX project, led by Carbon Market Watch, and has received funding from the LIFE programme of the European Union.
The heating and cooling sector accounts for half of the EU’s energy consumption, and both district heating and individual heating are still dominated by fossil fuels and inefficiently burned biomass. According to Eurostat data, only 22 per cent of heating and cooling is generated from renewable energy. Decarbonisation of this sector, through increasing its efficiency and use of renewable energy sources, is key to the success of the EU’s climate neutrality strategy.
In an encouraging move for democracy and the planet, the EU watchdog has taken a stance against the European Investment Bank (EIB) for refusing to disclose information about the environmental impacts of projects it finances.
Amid the possibility of disruptions to Russian fossil gas supply to the EU, CEE governments appear short-sighted on both energy transition and energy security.
