Economic justice policy officer
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As Europe is greening its economy and gearing up to decarbonise by 2050, most south-east European (SEE) countries still view energy efficiency and renewable energy as greens on the side of their main dish. Coal power and large hydropower are still the favourites on the menu, as they depend on indigenous resources and keep energy import dependency lower.
Comments on the EIB’s transport lending policy (updated)
June 30, 2010 | Read more
The EIBs transport policy is particularly important considering the importance of transport investments in the EIB’s portfolio, as well as the transport sectors rising CO2 emissions in the EU. Bankwatch’s comments argue for a clear policy orientation towards greenhouse gas reduction in the bank’s transport lending and contrasts the EIB’s current EIB lending figures with its own claims of emphasising climate considerations.
Bankwatch’s comments on the European Commission’s DG Energy’s document “Towards a new energy strategy for Europe (TESE)” discusses the priorities for EU public financing we believe should be incorporated into a new energy strategy.
After six months of preparations and more than 50 interviews with decision makers and experts, Bankwatch has met with representatives from the European Commission, the European Parliament, the European Investment Bank and the European Bank for Reconstruction and Development to discuss how the next EU budget for the 2014-2020 period can effectively support a low-carbon economy with benefits for people and nature.
Bankwatch coordinators in Bulgaria, the Czech Republic, Latvia and Poland have interviewed energy and financial experts from national ministries and other institutions. This paper is a summary of their findings.
