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EU funds spending plans in Hungary: the dark side is in the details

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Hungary allocates a relatively high amount of EU Funds to energy but an in-depth analysis shows a lack of direct, non-refundable support in renovation of residential buildings, significant finance for burning instead of preventing waste and potentially unsustainable use of biomass.


Climat : les fonds européens financent-ils vraiment la transition énergétique ?

Source: Environnement Magazine, Environnement Magazine

Dans un nouveau rapport, plusieurs ONG environnementales dénoncent l'utilisation de fonds européens a priori destinés à la transition énergétique, mais bénéficiant aux énergies fossiles.

Gov't ignores chance to upgrade energy sector

Source: Benjamin Cunningham, The Slovak Spectator

Monopolistic business interests and state intervention prevent investment in renewable energy sources, improved efficiency and smart grid technology. They block the country from accessing free money that would make energy cheaper, cleaner and more efficient.

WHEN the European Union was setting long term climate and energy policy 2014 the countries of Central and Eastern Europe (CEE) banded together in an effort to protect their manufacturing based economies.

Problematic expansion of agribusiness giant MHP in Ukraine with EBRD support

Myronivsky Hliboproduct PJSC, also known as MHP, is a long-term client of the European Bank for Reconstruction and Development. Following loands in 2013 and 2010, the EBRD approved a USD 85 million loan on 28 October 2015 to support MHP's agricultural working capital needs. While the agricultural sector is widely viewed as one of the engines of the Ukrainian economy, MHP's operations are having a range of negative impacts on local communities.

România, printre statele care pun frână combaterii încălzirii globale

Source: Laura Cioba, Transporter

Nouă state membre UE din Europa Centrală și de Est, printre care se numără și România, țin pe loc progresele realizate de blocul comunitar cu privire la combaterea încălzirii globale.

Conform unui studiu publicat de către organizaţiile de mediu Friends of the Earth Europe şi CEE Bankwatch Network, nouă state membre ale Uniunii Europene nu profită de posibilitatea de a utilizat fondurile UE pentru a investi în energia verde.

Romania not yet ‘super green’ in long term energy aims, says Bankwatch

Source: Natalia Martian, Business Review

Romania can access EUR 30.6 billion in 2014-2020 through five European funds initiatives, and authorities are interested in a high level of absorption, though complementary programs developed by the government are practically non-existent, a Bankwatch Romania press release announces.

The statement comes as the CEE Bankwatch Network has released its “Climate’s Enfantes Terribles” Report.

Държавите от ЦИЕ затвърждават зависимостта си от изкопаемите горива

Source: Миглена Иванова, Investor.BG

Само 7% от средствата за програмния период до 2020 г. за 9 държави от региона са за възобновяема енергия

Държавите от Централна и Източна Европа рядко използват европейското финансиране за преходни енергийни проекти и вместо това насочват средствата за проекти, които укрепват зависимостта им от изкопаемите горива. Това се посочва в доклад на “Friends of the Earth Europe”, цитиран от онлайн изданието euractiv.com.

Bring on the money, don't ask for results. EU funds spending plans in the Czech Republic

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The Czech Republic’s EU funds’ documents tick all the formal boxes, but the carbon intensity of its economy will most likely not change much.


EU money for clean energy transition is being spent on fossil fuels, says report

Source: Éanna Kelly, Science|Business

Environmental pressure groups criticise 9 member states in central and eastern Europe for using EU regional funding to prop up existing fossil fuel systems, rather than to tackle climate change

Less than 10 per cent of the EU regional funding money earmarked for decarbonisation projects in nine Central and Eastern European countries will be invested into renewables, energy efficiency and smart grids, according to a new report.

Милиарди евро от ЕС се харчат неправомерно в Централна и Източна Европа, сочи нов доклад

Source: Дневник, Дневник

Милиарди евро от Европейския съюз, предназначени за трансформиране на неефективните им енергийни системи, отделящи високи въглеродни емисии, в Централна и Източна Европа се харчат неправомерно. Това констатира нов доклад на CEE Bankwatch Network и Friends of the Earth за Европа, публикуван във вторник.

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