Economic justice policy officer
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The European Investment Bank, the house bank of the European Union, which directs a fifth of its annual lending portfolio of 60 to 70 billion euros to energy projects, is currently reviewing the policy document that guides its lending to the power sector. On this occasion, Bankwatch is publishing a poster of positive and negative examples of the bank’s lending to energy projects.
This poster examines positive and negative examples of the European Investment Bank’s energy projects. It illustrates why it matters what will be in the future energy lending policy of the EU’s bank. See an interactive version of the poster >>>
Energy efficiency has now become a priority for EU funding in the Czech Republic for the forthcoming 2014-2020 budgetary period.
These comments on the existing Project Complaint Mechanism of the EBRD expands in a few places the pointers on the accountability mechanism that were prepared earlier.
With the final negotiations aimed at sealing agreement on the EU budget for 2014-20 now underway, environment NGOs are warning that a last minute amendment aimed at permitting EU subsidies for fossil fuels that are devastating for the climate must be rejected by negotiators of the future EU Cohesion Policy’s regional development funds.
