ZAGREB (Croatia), August 1 (SeeNews) - The European Bank for Reconstruction and Development said on Wednesday certain aspects of Croatia's Ombla hydro power plant project, which EBRD is set to co-fund, are under scrutiny following a complaint from a non-governmental organisation.
A mysterious fire and a missing activist have contributed to the concerns of Russian activists fighting a new highway between Moscow and St. Petersburg. The highway is being built by a consortium that involves Vinci, a French company, and individuals rumored to be close to prime minister Vladimir Putin.
The EU's new regional funds for 2014-2020 will see more money allocated to the regeneration of brownfield sites, helping old industrial areas generate new economic activity.
For every $1 of government support given to renewable energy around the world, at least $5 are given to fossil fuels, according to the International Energy Agency.
MEPs sitting on the regional development committee have rejected a proposal that would have allowed public subsidies to be spent on fossil fuel infrastructure projects under the European Regional and Development Fund.
The European Parliament's regional committee is holding a vote today (11 July) on legislation that some MEPs say will bring cohesion funds into “a new era” and jump-start negotiations with member states over the EU's next budget for 2014-2020.
The Danish EU presidency says it has negotiated an EU budget for 2014-2020 that is “seriously open” to investments in climate-friendly technologies at the regional level.
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