22/01/16
This new research shows that EU billions destined to transform the carbon-intensive, inefficient energy systems of central and eastern Europe (CEE) are being misspent. In nine CEE countries only 7 per cent of the 178 billion euros in European Regional Development and Cohesion Funds will be invested into renewables, energy efficiency and SMART grids, and the integration of climate considerations into all plans and projects – as required under EU law – remains superficial.
The report includes a comprehensive set of recommendations for ensuring that EU funds contribute to Europe’s energy transition in a meaningful way.
