Bankwatch

Archives for green investments

For the last couple of years, we have been calling on the European Investment Bank to drop coal lending. Finally, we’re starting to see some results. by Anna Roggenbuck, cross-posted from the Bankwatch blog Last Friday, the EIB published a new energy lending policy, which shall be in place for some five-six years. Already in… » read more

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Adequate decision making on energy policies must be based on accurate information and cannot rely on outdated knowledge and misconceptions. A new series of fact sheets explores the myths and facts of Europe’s energy sector. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog Energy is an important issue cutting across some of the big problems… » read more

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With today’s approval of the watered down proposals to reform EU Structural Funds in the European Parliament’s committee for regional development (see our press release), EU decision makers have taken a step away from ambitious environmental spending in the future Cohesion Policy. At the same time also national level allocation of the 2014-2020 funds is… » read more

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So far the planning for Latvia’s use of the EU funds for the 2014-2020 period has been a reasonably positive experience from a partnership perspective. Yet the process that has, until recently, been notable for its transparency and high level of public participation is now in danger of being derailed. by Alda Ozola*, cross-posted from… » read more

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It may have been easy in the past for Europeans to bash the US for being retrograde when it comes to climate policies, but after last week it will get more difficult to do that. by Anna Roggenbuck, cross-posted from the Bankwatch blog Just as the world is abuzz with Obama’s new climate pledges, below… » read more

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Croatia’s new Law on Strategic Investments does not bode well for the sustainable use of EU funds in Croatia, now that the country has become an EU member state. by Marijan Galociv, cross-posted from the Bankwatch blog If there’s one thing we can be sure about Croatia’s accession to the European Union on July 1,… » read more

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While the EU’s future common agricultural policy is taking shape in Brussels, it’s not just there that major agri-business interests are flexing their muscles to take the ‘green-ness’ out of EU agricultural spending. Interview with Estonian EU funds campaigner Triinu Vaab, cross-posted from the Bankwatch blog As negotiations on the EU budget for 2014-2020 grind… » read more

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A roundtable discussion on European public banks and energy lending brought together Members of the European Parliament and non-governmental organisations, while the public banks themselves chose to stay away. Posted by Berber Verpoest, Media officer for the Counter Balance coalition. (Cross-posted and slightly edited version from the Counter Balance blog.) “It’s your energy” goes the… » read more

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Just as Bankwatch published a new infographic juxtaposing the European Investment Bank’s beneficial and harmful energy lending, Europe’s political leaders have set a priority for energy investments to phase out fossil fuel subsidies and focus on clean energy instead. posted on the Bankwatch blog by Sven Haertig-Tokarz, Bankwatch web editor One of the agenda points… » read more

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The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch’s EBRD campaign team to react. posted on the Bankwatch blog by Fidanka Bacheva-McGrath, Bankwatch EBRD campaign coordinator At about the same time as scientists declared an unprecedented and increasingly dangerous CO2 concentration in the earth’s… » read more

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