EU funds still used to subsidise fossil fuels in Eastern member states

Home > Events > EE & RE Exhibition > News > • Branch News > EU funds still used to subsidise fossil fuels in Eastern member states

Show Pages
2016-01-31 16:21:55

EU funds still used to subsidise fossil fuels in Eastern member states

(EurActiv.com, 29 Jan 16) The countries of Eastern and Central Europe rarely use their EU funding for energy transition projects, instead using the money to entrench their dependence on fossil fuels. Our partner Journal de l'Environnement reports.

According to a report published by Friends of the Earth Europe on Tuesday (26 January), only 7% of the €178 billion allocated to nine countries in Eastern and Central Europe is spent on renewable energy, energy efficiency improvements or "smart grids".

The report covers allocations from both the European Regional Development Fund (ERDF) and the Cohesion Fund for the period 2014-2020, in Poland, Estonia, Latvia, Lithuania, Slovakia, Hungary, Romania, Croatia and the Czech Republic.

Climate considerations

Though a requirement of the EU, “the integration of climate change considerations into all investment areas” is carried out “at a mainly rhetorical level”, according to Friends of the Earth Europe.

The Cohesion Fund, the European Social Fund and the ERDF are the main tools supporting infrastructure investments in Europe. Over the period 2014-20 these funds will distribute €351 billion among the 28 EU member states.


Read more: http://www.eceee.org/all-news/news/news-2016/2016-01-29

 

 

 

Exhibition and Conference on Energy Efficiency and Renewable Energy
The EE & RE Exhibition puts on display a great set of existing energy technologies and it is a starting point for the launch of innovative products
Event Start Date:Tuesday March 27, 09:30
Event End Date:Thursday March 29, 19:30
Inter Expo Center
147, Tsarigradsko shose blvd
Bulgaria, Sofia 1784
free admission
 
 
Exhibitions & Conferences

Waste Management & Recycling

Sofia Sport & Healthy Life Exhibition

CleanExBg - Cleaning & Hygiene

Via Expo is a Member of:


Bulgarian Association of Recycling


Bulgarian Photovoltaic Association


Bulgarian- Swiss Chamber of Commerce


German-Bulgarian Chamber of Industry and Commerce


Bulgarian Industrial Association

Press releases:


 

Еdition 2017

Тhe patronage of:


 

Official Media Partner :


 

 

2016 edition
was realized under
the patronage of:

 

With the Support of:

 

Media Sponsor:

 

Official Media Partner:

 

Official Hotel:

ViaExpo