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Bankwatch blog

April 12, 2017
 | by Elena Gerebizza

This article first appeared on the Re:Common website.


It was the end of February and the scene is Baku, the capital of Azerbaijan. During an official meeting, the Italian government was severely criticised for the considerable delays in the construction of the Trans Adriatic Pipeline (TAP), part of the Southern Gas Corridor.

EBRD, EIB
Energy & climate, Social & economic impacts
April 12, 2017
 | by Pippa Gallop

Eurelectric members have pledged to build no new coal power stations from 2020. So why do firms in Serbia and Bosnia still think they can make coal pay?

Chinese investors, Export credit agencies
April 11, 2017
 | by Alexandru Mustata

A Romanian coal mining region is writing history today as representatives from unions, the coal industry and environmental organisations are coming together for the first time to discuss their communities’ future – with a common goal in mind.

Energy & climate, Social & economic impacts
March 29, 2017
 | by Pippa Gallop

At least 9 new lignite power plants are being planned in Bosnia-Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia, but according to our new report their feasibility studies do not take into account the effect of CO2 prices. As a result, when these countries join the EU, the plants will not be competitive anymore and will need to be closed down – just like the many coal power plants in Western Europe that are now being shut. The taxpayers in the Western Balkans will end up footing the bill.

Chinese investors, Export credit agencies
Energy & climate, Social & economic impacts
March 28, 2017
 | by Igor Vejnovic & Kate Horner

This week, activists from across the world are meeting in Tbilisi to share their experiences of resisting hydropower projects and the money that supports them.

EBRD, EIB, World Bank Group
Energy & climate, Social & economic impacts, Other harmful projects
March 27, 2017
 | by Sven Haertig-Tokarz

85 river and dam activists from 40 countries and all continents gather in Tbilisi, Georgia this week to share experiences about their efforts to protect the world’s rivers and join their struggles against destructive hydropower projects.

Energy & climate, Social & economic impacts, Other harmful projects
March 23, 2017
 | by Elena Gerebizza

An ancient olive grove in southern Italy is currently on the frontlines of grassroots resistance to the Southern Gas Corridor project, the EU’s flagship energy project.

EIB
Energy & climate, Social & economic impacts
March 20, 2017
 | by David Holyoake

The key to unlocking a more inspiring and politically winnable New Vision for a strong Europe may well be the next European budget.

EU Funds
March 7, 2017
 | by Dan Heuer

It is fitting that we use today to reflect on the European Investment Bank’s new Strategy on Gender Equality and Women's Economic Empowerment: 8 March is International Women’s Day. Adopted at the beginning of this year, the strategy complements the bank’s existing social policy and reflects the equality principle of the EU Charter of Fundamental Rights.

EBRD, EIB, World Bank Group, AIIB, ADB
Energy & climate, Social & economic impacts
March 3, 2017
 | by Ana-Maria Seman

On Sunday, March 5, nuclear reactor number 3 at the Zaporizhia power plant in Ukraine, Europe’s largest nuclear power station, will reach the end of its 30 year lifespan. Kiev wants to keep this Soviet-era nuclear unit going for at least ten more years, just like six other nuclear units which have already been granted lifetime extensions. But, for the first time and following a lot of international pressure, the Ukrainian government is planning to ask its neighbours whether they are OK with this. Or at least that’s what it says.

EBRD, Euratom
Energy & climate