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As the European Commission is currently reviewing the Romanian Recovery and Resilience Plan, there is a risk that billions of euros in public money might end up supporting the fossil fuels industry. This briefing provides an analysis of the recovery pl
The EU Bank about to fail becoming a responsible lender
August 6, 2021 | Read more
The European Investment Bank (EIB) is closing today the public consultation as part of the review of its Environmental and Social Sustainability Framework. A large group of civil society organisations (CSOs) sent today written contributions highlighting their disappointment with the EIB proposals, and calling for concrete actions to ensure that the EIB will operate as a responsible lender in the future.
A joint Bankwatch-CAN Europe analysis in 11 countries shows little involvement of local stakeholders in the programming process of EU structural and investment funds. This contradicts EU rules on partnership and multi-level governance and won’t help reach the Green Deal’s objectives.
In the national recovery and resilience plans, energy efficiency and building renovations can play a key role for Member States to achieve the required target of 37 per cent of expenditures related to climate. The potential to modernise buildings is the greatest in central and eastern Europe, where the building stock is particularly inefficient. But an assessment of eight national plans across the region finds uneven progress towards these aims. Christophe Jost of Bankwatch concludes that this is likely to hamper efforts to decarbonise the region’s building stock in line with the Renovation Wave´s ambitious objectives.
The heroic dust monitor
July 22, 2021 | Read more
This year we are marking five years since Bankwatch engaged in air pollution work in the Balkans. Throughout these years, there was one constant in the work – the environmental dust monitor. It has become the hero of many communities and is known to every organisation in the region that works for cleaner air.





