While the EU’s €672.5 billion Recovery and Resilience Facility is supposed to ensure a ‘green recovery’, the recovery plans are financing projects that risk damaging nature, according to a report published on 3 June by CEE Bankwatch and Euronatur.
This report exposes the biodiversity-damaging investments and reforms in the stimulus packages of nine Central and Eastern European countries.
For example, in Bulgaria and Latvia, projects to increase renewable energy highlight the...