The European Investment Bank (EIB) has today failed to agree a new energy lending policy that proposed to end its financing of fossil fuel projects from 2020.
Voting on the policy was expected to take place in Luxembourg today at the meeting of the Bank’s board, made up of representatives from every EU member state, but the decision has for the second time been postponed, likely to November.
Just days after the biggest climate protests the world has ever seen, members of the European Parliament started the interview process for the nominees for European Commissioners 2019-2024. Yesterday was the turn of the proposed EU energy chief, Ms. Kadri Simson. How did she do?
Today climate protests hit the streets of every European country, uniting millions of students, workers and adults - as part of the largest ever Global Climate Strike. The strikes come ahead of a big week for environmental action, with a major climate summit at the UN and further strikes strikes throughout the week.
Nominees and portfolios for the next European Commission were put forward today in Brussels by the European Commission President-elect Ursula von der Leyen.
Given the context of the climate crisis, Friends of the Earth Europe is challenging the Commission to deliver urgent and massive transformation, and is questioning some of the priorities of the proposed new structure.
Jagoda Munić, director of Friends of the Earth Europe said:
by Jagoda Munić, director of Friends of the Earth Europe
“I want you to act as if our house is on fire”, climate activist Greta Thunberg told politicians at the World Economic Forum in January this year, seeking to motivate them to urgently put a stop to runaway climate change.
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 September, this would be a significant step forward in the campaign for a fossil free Europe.
As temperature gages hit 40°C across Europe this week, terrifying heatwaves are becoming the new normal. But we are not all equal in the face of extreme weather, writes climate justice campaigner Clemence Hutin.
Last summer, a shocking heatwave seemed to dry up and set alight our continent before our eyes. This year we see this terrifying pattern repeating.
Bosnia and Herzegovina is about to gain its first ever community solar electricity, after 226 individuals and organisations chipped in to one of the country’s first ever crowdfunding campaigns. In just 26 days, around six thousand euros were raised for ‘Solarna Pecka’, to bring solar energy to a remote and depopulated rural area, Pecka village.
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 transformational change to tackle climate and ecological breakdown and inequality.
Jagoda Munic, director of Friends of the Earth Europe said: