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CAN THE INTERNATIONAL FINANCIAL INSTITUTIONS DO MORE TO...

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Can the international financial institutions do more to support new renewables and energy efficiency in south-east Europe?

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Can the international financial institutions do more to support new renewables and energy efficiency in south-east Europe?



Publisher: CEE Bankwatch Network

Date: July, 2008

Volume: 31 pages, pdf

Description

As Europe is “greening” its economy and gearing up to decarbonise by 2050, most south-east European (SEE) countries still view energy efficiency and renewable energy as greens on the side of their main dish. Coal power and large hydropower are still the favourites on the menu, as they depend on indigenous resources and keep energy import dependency lower. At the same time other abundant indigenous resources – the renewable ones – are not utilised, due to a lack of incentives for investors, public institutions and households.