News

March 25, 2025 | Read more

The most significant uses of peat in the world are for the creation of soil substrates and the production of energy. In 2022, the peat sector was responsible for 10.7 per cent of Latvia’s total greenhouse gas emissions. Peatlands store twice as much carbon as forests worldwide.

March 20, 2025 | Read more

The profound transformation of Europe’s energy sector in response to climate change and the goal of reducing greenhouse gas emissions is having a particularly significant impact on regions that have long relied on fossil fuels, especially coal mining.

March 14, 2025 | Read more

The future of Central Asia’s key rivers and lakes is at risk, warn international environmental groups Rivers without Boundaries, International Rivers, Friends of the Earth US, Urgewald and CEE Bankwatch Network in a formal request sent today to the World Bank, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Asian Development Bank (ADB), Eurasian Development Bank (EDB), Islamic Development Bank (ISDB) and Asian Infrastructure Investment Bank (AIIB).

March 10, 2025 | Read more

A new report by Bankwatch, Za Zemiata and Zelena Akcija, in collaboration with Zero Waste Europe, reveals that current EU budget allocations for circular economy and municipal waste management measures are insufficient to help central and eastern European countries catch up with the EU’s decarbonisation targets.

March 7, 2025 | Read more

In the current age of ‘competent white men’, ‘traditional family values’ and the EU’s simplified sustainable finance regulations, what lies in store for the inclusion and equality policies of Europe’s public development banks?

March 5, 2025 | Read more

Community energy and energy cooperatives in Estonia are still in the early stages of development, but interest in the field is growing steadily. In recent years, several small cooperatives have been established, with some communities taking the initiative to develop solar and wind energy projects. However, in the county of Ida–Viru, the heart of Estonia’s just transition, there are no fully functioning renewable energy cooperatives to inspire and mobilise local communities.

March 5, 2025 | Read more

This story explores the changes that the EBRD has made to its revised safeguards, with a particular focus on human rights due diligence. Strengthening this aspect, particularly the EBRD’s weak enforcement of client requirements, has long been a key priority for Bankwatch and has informed the collective advocacy efforts of many other civil society organisations.

February 27, 2025 | Read more

‘Gas hub’ is Europe’s buzzword du jour, and the Romanian government certainly has high ambitions. With shiny new pipelines and a massive drilling rig in the Black Sea, Bucharest is working hard to capitalise on its neighbours’ fossil gas addiction – and to hell with the EU’s climate commitments. Even due process has been little more than an afterthought. Until this week.

February 20, 2025 | Read more

Despite the ongoing war, Ukraine remains steadfast in its commitment to a just transition. As an EU accession candidate, Ukraine must integrate the Just Transition Mechanism’s principles and criteria into its national policies. Since Ukraine plans to join the EU before its coal phase-out in 2035, the Just Transition Fund regulation provides the most relevant framework for meeting these requirements.

February 13, 2025 | Read more

Shale gas extraction, or fracking, is so infamous for its environmental impacts that it is banned in multiple European countries. In Hungary, however, the authorities are looking to expand a fracking project near the border with Romania, despite it already worsening the climate crisis and threatening local agriculture. Campaigners are challenging these risky plans.