fossil fuels

Just as Bankwatch published a new infographic juxtaposing the European Investment Bank's beneficial and harmful energy lending, Europe's political leaders have set a priority for energy investments to phase out fossil fuel subsidies and focus on clean energy instead.

The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch's EBRD campaign team to react.

Ionut Apostol

Energy campaigner

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April 19, 2013

The European Parliament yesterday chastised the European Bank for Reconstruction and Development for its explicit interest in financing a new lignite-fired power plant in Kosovo. NGOs hope the bank will pay more attention to the Parliament than it did to civil society and energy experts so far.

Yesterday Greenpeace's legendary ship Arctic Sunrise joined in the campaign against Plomin C, a coal-fired power plant in Croatia.

Poland’s government is hasting to adopt liberal shale gas legislation. It tries to avoid any interference by factually excluding local opposition movements and by pre-empting the development of an EU wide framework on unconventional fossil fuels.

Disappointed by loan disbursements to one of the dirtiest coal projects in Europe, almost 100 organisations have called on two public lenders to not repeat the same mistakes, ever.