Secrecy surrounding €672 billion in EU recovery funding jeopardises building back better, say campaigners

Little is known about how Member States intend to use funds from the EU’s EUR 672 billion Recovery and Resilience Facility, raising concerns about the bloc’s ability to rebound from […]

Read more 09/02/2021

Press release Financing the transition

Letter to European Commission: Public partnership and respect for the Aarhus Convention are preconditions for green recovery

Member States are going to invest an unprecedented amount of EU public funds and resources through the Recovery and Resilience Facility (RRF), which amounts to EUR 672 billion. This is […]

Read more 08/02/2021

Letter Financing the transition

CAN Europe submission to consultation on EU Sustainable Finance Taxonomy

This document sets out our feedback to the European Commission’s draft Delegated Act on the EU Sustainable Taxonomy, for economic activities having a substantial contribution to climate mitigation and climate […]

Read more 18/12/2020

Submission to consultation Financing the transition

EU Budget’s regional funding at risk of flying in the face of the European Green Deal

MEDIA ADVISORY On 8-9 December, the Commission, Parliament and Council will take a final decision on the 240 billion euro Regional Development and Cohesion Funds, and the 17.5 billion euro […]

Read more 04/12/2020

Press release Financing the transition

EU funds need to catalyse the transition away from fossil fuels

The Recovery & Resilience Facility (RRF), the Just Transition Fund (JTF) and the European Regional Development Fund and Cohesion Fund (ERDF/CF) represent an unprecedented investment in EU economic recovery, structural […]

Read more 02/12/2020

Report Financing the transition

Poland and Hungary must live up to EU’s greatest challenges: Unlock the budget and recovery and go for higher climate ambition

At a European summit dedicated to enhancing the EU’s response to the COVID outbreak, prime ministers of Poland and Hungary reiterated their opposition to the EU budget and recovery funds […]

Read more 19/11/2020

Press release Climate action Financing the transition

European Green Deal needs to deliver on global challenges

Key elements of the EU’s foreign policy funding will be finalised during ‘trilogue’ talks this week. Raising the climate spending target there could make a vital difference to supporting partner […]

Read more 18/11/2020

Op-Ed Financing the transition Global transition

MEPs fail to exclude fossil gas from the EU recovery fund

The two lead-committees of the European Parliament failed to fully exclude fossil gas from the scope of the 672,5 billion euro Recovery and Resilience Facility (RRF), contradicting the Parliament’s multiple […]

Read more 09/11/2020

Press release Energy transition Financing the transition

Cross party MEP statement in support of fossil gas exclusion from the Recovery and Resilience Facility (RRF)

Ahead of the vote of the two lead-committees of the European Parliament on the EU recovery fund, MEPs call for an exclusion of fossil fuels – including gas – from […]

Read more 09/11/2020

Letter Energy transition Financing the transition

European Parliament: climate-proof recovery is key to enabling higher climate ambition

MEDIA ADVISORY On Monday 9 November, the two lead-committees of the European Parliament on the EU recovery fund are set to decide on the scope of the 672,5 billion euro […]

Read more 05/11/2020

Press release Climate action Financing the transition