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Czech environmental and law groups have proposed a law amendment to revive the disadvantaged renewable energy sector in their country. Karel Polanecky from Bankwatch member group Hnuti Duha explains their initiative.   Cross-posted from the Bankwatch blog. (Image by flickr user abejorro34 (CC BY-NC 2.0))   There are many impressive numbers related to Germany’s Energiewende… » read more

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More clarity is needed regarding the Energy Union’s priorities for the Czech Republic. by Ondrej Pasek, cross-posted from the Bankwatch blog. (Image by epp group – CC BY-NC-ND 2.0). The European Commission has been hard at work devising the EU’s new energy strategy. It is touted as an ambitious new path for a unified, sustainable… » read more

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The European Investment Bank is gearing up for an increased role in spurring growth in Europe as set out by the new Juncker Commission. Yet as Europe’s 2030 climate targets are being undermined by some countries the bank that wants to be a leader in climate action must keep in mind that we can no… » read more

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Just a few weeks before leading international climate negotiations at the COP 19 in Warsaw, and in the face of the new IPCC report’s dire conclusions, the Polish government is again obstructing European emissions reduction ambitions. cross-posted from the Bankwatch blog “The European Commission wants to set new climate goals for 2030,” Polish Deputy Prime… » read more

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A new law that will redraw the Czech Republic’s approach to renewable energy is suspected to bring the development of the Czech renewables sector to a standstill and instead provide a boost for the country’s fossil fuel sector. by Ondrej Pasek, cross-posted from the Bankwatch blog No sooner had Polish prime minister Donald Tusk reaffirmed… » read more

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In an open letter sent today to the President of the European Bank for Reconstruction and Development 54 civil society organisations follow up from last weeks consultations on the bank’s new energy sector strategy and ask the president to ensure that the EBRD addresses the challenges of climate change with the urgency it deserves. We… » read more

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“Poland will continue to back coal (…) The future of Polish energy is in brown and black coal, as well as shale gas,” said on Tuesday Polish Prime Minister Donald Tusk, speaking at an event of the extractive industry. cross-posted from the Bankwatch blog This is, of course, the same Donald Tusk that will host… » read more

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With another public action, colleagues in Moscow are today bringing to a close a week that has seen the European Bank for Reconstruction and Development having to listen to a lot of uncomfortable truths. by Pippa Gallop, cross-posted from the Bankwatch blog During this week’s EBRD consultation meetings on its new energy sector strategy it… » read more

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The global campaign to make the European Bank for Reconstruction and Development restrict its coal lending may have found new allies in Nordic countries after their declaration yesterday to seize overseas coal investments. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog These are truly exciting weeks for climate campaigners, especially those targeting development banks and… » read more

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Guest post from Justin Guay, Sierra Club In case you missed it, the tectonic plates just shifted in the world of international financial institution (IFI) energy lending. Just weeks after President Obama announced an end to US taxpayer support for overseas coal plants, two of the world’s largest IFIs, the World Bank and the European… » read more

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