Climate change: time for the Energy Community to take action
Publisher: CEE Bankwatch Network
Volume: 51 pages, pdf
Description:
As Albania, Bosnia and Herzegovina, Macedonia, Kosovo, Moldova, Montenegro, Serbia and Ukraine prepare the next generation of their energy investments, they face a simple choice - locking themselves into an antiquated past mired in fossil fuels or aligning themselves with safe, clean and lower cost energy systems which the European Union itself is building at present. This is a ‘once in a lifetime’ opportunity to shape inclusive, sustainable and effective low-cost development pathways for millions of Europeans. Failure to seize this moment will lead to costly stranded assets, set back development for generations and push these countries further away from EU membership.