The European Investment Bank (EIB), the world’s largest multilateral lender and major provider of climate finance, is holding a public consultation on its energy lending policy which was last revised/adopted in 2013.
A new report by CAN Europe titled “Time to pick up the pace: Insights into the draft National Energy and Climate Plans” highlights key features of 24 draft National Energy and Climate Plans (NECPs), the development of which is required by the Governance Regulation adopted last year and designed to ensure EU member states will collectively achieve the bloc’s climate and energy targets for 2030. The European Commission will issue recommendations in June before the NECPs are finalised by the end of this year.
The report “Defenders, Delayers, Dinosaurs: Ranking of EU political groups and national parties on climate change” assesses the voting behaviour of current MEPs in relation to climate and energy issues.
“To make decarbonisation a reality, voting down the eligibility of fossil fuels, including gas, is key.” This is the message sent today by businesses, local authorities and NGOs to the members of the European Parliament as they will decide this week if they will turn back the clock by allowing funding for fossil fuels in Europe’s regions from 2021 to 2027, or if they will choose a path of sustainable development for Europe’s regions, bringing them new jobs, competitiveness and modernisation.