The aim of this paper is to highlight both the importance and the potential of the Finance for sustainable Development (FFsD) process in advancing global efforts to tackle climate change. At present, FFsD does not specifically address climate change among or through the issues and mechanisms that are being discussed within the process – namely international public finance, domestic resource mobilisation (tax and private capital), international private finance, trade, and debt and systemic issues that form the Monterrey Consensus on FFD at the basis of the Addis Ababa Accord.
The current discussion around the Energy Union represents a golden opportunity to set up and implement a true EU heating and cooling policy in line with long term climate and energy goals, and based on energy efficiency and the switch from fossil fuels to renewable energy sources.
EU countries spending billions of public funds on dirty fossil fuels. Top ten EU Member States have poured at least €78 billion euro into fossil fuel production since 1999, according to new research.Our report shows that the ten richest EU member states have poured at least 78bn billion euro into propping up the polluting fossil fuel industry.
EU countries spending billions of public funds on dirty fossil fuels. Top ten EU Member States have poured at least €78 billion euro into fossil fuel production since 1999, according to new research.
A number of NGOs prepared this briefing for Members of the European Parliament to flag some of the most pressing issues related to climate and energy in the EU accession countries of Southeast Europe.
The solidarity and investment mechanisms, operating as part of the EU's 2020 climate and energy package, do not adequately support energy sector decarbonisation in low income Member States, reveals a new analysis developed jointly by CAN Europe, Greenpeace and WWF.
This report by CAN Europe, HEAL, WWF, EEB and Klima Allianz Germany exposes the top 30 CO2-polluting power plants in the EU, with Germany and the UK ranking joint first, with nine of the dirtiest coal plants each. If the EU is serious about meeting its climate targets and protecting the health of its citizens, it must act against its coal addiction.
CAN Europe, in its latest working document "Towards a functioning low-carbon investment framework in Europe: the need to modernize increasingly prevalent traditional capacity remuneration mechanisms”, has analysed existing and potential CRMs, looking at their potential impacts on the functioning of the energy market and future investments. This briefing aims to briefly present the key conclusions, and to increase the understanding of this complex topic among environmental NGOs.