Economic justice policy officer
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Projects financed by the EIB through secretive intermediary banks destroy 10 km of supposedly protected rivers for only 2 MW of energy.
Estonia has good intentions to use the recovery fund to become more resilient while supporting the green transition. However, these intentions are overshadowed by uncertainty and lack of scrutiny, as there is no publicly available strategic framework to bring all of the plan’s measures together, and many measures proposed could in fact undermine the European Green Deal.
This briefing provides an overview of Estonia’s proposed measures (as of 18 April) for spending funds from the EU’s Recovery and Resilience Facility. Estonia has not shared an overarching plan that details how the country will utilise the facility, but
Heating in the region is still largely based on fossil fuels or wood, the district heating networks are in dire condition, and in poorly insulated buildings winter is not as cosy as it could be. Authorities across the Western Balkans need to pay much more attention to planning and implementing clean and modern heating solutions.
When courts help cloak export credit agencies’ financial clout
April 19, 2021 | Read more
Operating far from the public eye, export credit agencies offer state backing worth billions of dollars every year that in too many cases have enabled both the fossil fuels industry and human rights abuses around the world. These influential public finance institutions have also been relentless in resisting civil society legal challenges to shine a light on how they use public money.
