The world’s biggest public bank, the European Investment Bank (EIB), has proposed to ditch funding fossil fuel projects. The EIB published on Friday 26 July its draft energy lending policy, which proposes a major switch in its lending policy, in reaction to climate crisis. If this policy draft is accepted by EU finance ministers in …
Climate not prioritised enough in EU five year agenda
Heads of state and government have set priorities for EU cooperation over the next five years at a summit in Brussels today – but have not gone far enough in prioritising action on the climate emergency, reacted Friends of the Earth Europe. Friends of the Earth Europe called for a bold vision and action for …
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National energy plans fail on socially fair energy transformation
Today’s European Commission analysis of Member States’ draft ten-year plans for climate and energy confirms a big climate fail, according to Friends of the Earth Europe. The EU’s 2030 renewables and energy efficiency targets — already insufficient — will be missed if Member States do not improve their plans. EU Climate Commissioner Canete today renewed calls for the EU to increase its greenhouse …
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EIB must stop funding fossil fuels – 70 civil society groups
Ahead of a meeting of the EU bank’s Governors in Luxembourg, 70 civil society organisations, think tanks and academics across Europe have called for a fossil-free European Investment Bank (EIB) in a joint statement released today. As EU Finance Ministers gather in Luxembourg as Governors of the EIB to discuss this year’s priorities for the bank …
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Leaders fail climate, sustainability, change test at Sibiu
Future of Europe debate concludes without action at Sibiu EU summit Europe’s prime ministers met today in Sibiu, Romania, for a largely symbolic summit intended to renew commitment on the ‘issues that really matter to people‘. The summit’s formal declaration, however, does not mention ‘sustainable Europe’, nor biodiversity collapse, and relegates climate change to an afterthought. The …
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Sibiu summit – Europe and climate need transformational change
As Europe’s prime ministers meet tomorrow in Sibiu, Romania, to shape the future of Europe, the EU’s next five-year priorities and long-term climate goals, Friends of the Earth Europe urges them to grasp the nettle of transformative change. Jagoda Muni?, director of Friends of the Earth Europe said: “With young people on the streets worried …
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