Economic justice policy officer
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EU Structural and Cohesion Funds should foster sustainable development and the transformation to a low-energy-consuming society, living within its ecological limits. In so doing they should support the deployment of energy efficiency measures and renewable energy sources, should prevent any harmful social and environmental impact of their investments and actively protect biodiversity and improve ecosystem resilience.
Bankwatch input to EC consultation on an EU initiative on concessions
September 30, 2010 | Read more
The European Commission (EC) has recently invited inputs to its consultation on an initiative on concessions that aims to improve the rules for concession contracts in the EU. PPP advocates insist on their cost-effectiveness, timely completion rates and the sharing of financial risk – yet so far the evidence for these claims is decidedly mixed. In our comments we call for a thorough and independent assessment of the performance of PPPs so far and their financial and social impact.
The European Commission responded to our letter on October 8, 2010. Their response can be downloaded as pdf.
