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ECB injects over €7 billion into fossil fuels since start of COVID-19 crisis
Brussels/Frankfurt - Greenpeace analysis shows that between mid-March and mid-May 2020, as part of its response to the coronavirus pandemic, the European Central Bank (ECB) purchased corporate bonds worth almost €30 billion. This included the injection of over €7.6 billion into fossil fuels.
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Bankrolling the climate crisis
Greenpeace analysis: ECB corporate bond purchases during the coronavirus pandemic.
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Patchy at best: EU unveils coronavirus recovery plan – Greenpeace
The European Commission’s €1.85 trillion recovery plan is contradictory at best and damaging at worst, said Greenpeace.
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Three tests for Europe’s Covid recovery plans
As the European Commission and many European governments decide on recovery plans worth trillions of euro, Greenpeace warned that ‘green growth’ - as touted by Commission President Ursula von der Leyen - could in fact prolong a system that exploits people and destroys the environment.
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EU Commission must not take climate advice from BlackRock
92 NGOs wrote to European Commission President von der Leyen, and Executive Vice-Presidents Dombrovskis and Timmermans, to urge them to cancel the recently concluded contract with BlackRock Investment Management. This…
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EU ‘green’ funds should be limited to countries with coal phase outs – Greenpeace
Access to EU ‘green’ funding must be limited to governments committed to coal phase out dates, said Greenpeace, as the European Commission released a €1 trillion investment package for the coming decade. The package, made up of reallocated EU and national funds, as well as private money, is the first element of the Commission’s European…
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Activists take climate emergency to EU summit
*** Action photos and videos will be uploaded here. Committing future generations to climate neutrality isn’t enough, Greenpeace Brussels, 12 December 2019 – 62 activists representing seven European countries have…
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European Green Deal misses the mark
Brussels, 11 December 2019 – The European Commission officially presented its plan for a European Green Deal today. Greenpeace warned that although the volume of policies is impressive and the…
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Open letter to Commission President von der Leyen on the European Green Deal
Greenpeace sent a letter to Commission President Ursula von der Leyen and her team, calling on them to use the European Green Deal to restructure the economic system that for…
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EU report warns pursuit of ‘growth’ is incompatible with environmental protection
Brussels, 4 December 2019 – The European Environment Agency (EEA) has warned in a new report that “Europe will not achieve its sustainability vision of ‘living well within the limits…