Publications

The briefing summarises findings of a report, authored by hydrogeologist and geochemist Robert Moran. The report reveals that Canadian company Centerra Gold, owner and operator of the Kumtor Mine, has been contaminating local waters and glaciers while hiding evidence of such negative impacts from public oversight.

Bankwatch, Slovenian NGO Focus and Environmental Legal Service (CZ) ask the EBRD's Project Complaint Mechanism to undertake a compliance review of whether the bank has complied with its Environmental and Social Policy 2008 in relation to two aspects of the Sostanj lignite thermal power plant:
(a) Claims by the EBRD that the project in question is "CCS ready" and
(b) the EBRD's assessment of whether Slovenia can fulfil its obligations in meeting long-term EU climate goals if it undertakes the project.

This briefing summarises the main findings of our report Carbon Rising: European Investment Bank energy lending 2007-2010.

The European Commission has set the goal of becoming a resource-efficient, renewables-based economy by 2050. This means a near-total decarbonisation of the EU energy sector is needed by 2050, as well as that of the industry and residential sectors.

If the EBRD's Sustainable Energy Initiative (SEI) wants to help achieving this, it has to be tightened up significantly. Bankwatch suggests 10 ways to do this.

See our official comments to the EBRD's SEI consultation here

The primary goal of the EU’s neighbourhood policy should be based on an insistence on increased democracy in EU neighbourhood countries. This should happen through public participation in decision-making processes, the establishment of good governance and sustainable development practices, increased environmental protection and climate change mitigation and adaptation, as well as increased welfare and social security across these countries.