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Briefing | March 31, 2012

The European Commission’s legislative proposals for the future EU Budget have made some promising changes but they are not ambitious enough to meet the level of current challenges. While CAP spending still needs a radical overhaul, the proposals on the other funds need to be strengthened to ensure leadership from the EU Budget that supports a sustainable and prosperous European economy and inspires all of Europe and the world.

Advocacy letter | March 29, 2012

In its letter to the European Bank for Reconstruction and Development Bankwatch member group CEKOR discusses issues related to the Kolubara lignite mining project that have not yet been clarified. Among them is the fact that the EBRD's loan is indeed connected to the resettlement of the Vreoci community, something which the EBRD has denied so far, and the so far vague claim that the project will contribute to emission reductions and environmental improvements.

Advocacy letter | March 29, 2012

While Lydian International is reporting on progress in its talks with the EBRD about an aquisition of company shares by the bank and on receiving project approval from the Armenian government, the EBRD has yet to publish project related documents in line with its public information policy.

Briefing | March 27, 2012

While central and eastern European countries can use EU funds as a financial tool helping them to meet the requirements of European waste directives, the money is not spent in line with these directives. This case study explains why, focusing mainly on the waste hierarchy as one of the key principles of EU legislation.

Advocacy letter | March 26, 2012

With the European Bank for Reconstruction and Development in the process of selecting a new president, Bankwatch calls on the bank’s shareholders and new president to reassess some of its past - faulty - approaches.

Advocacy letter | March 25, 2012

The director of the NASA Goddard Institute for Space Studies
is of Slovenian origin. He sent an open letter to the Slovenian parliament requesting to deny the state guarantee for a loan from the European Investment Bank (EIB) for Unit 6 at the Sostanj lignite thermal power plant.

Briefing | March 25, 2012

The briefing analyses the old Regulation on the Instrument for Pre-Accession (IPA) (2007-2013) and compares it with the new proposal (2014-2020), with a specific focus on environmental protection and transparency/partnership principle. Since the regulation is not strong enough in neither of these two areas, we provide amendments to the regulation's articles. The briefing is a useful tool for advocating for better environmental protection and improvement of the public participation in decision making in the Western Balkan countries.

Advocacy letter | March 23, 2012

Following a fact-finding mission to Mongolia in June 2011, CEE Bankwatch sent a letter on August 18, 2011 with several questions for clarification to the EBRD. Additionally OT Watch submitted a paper on November 1, 2011 to representatives of the EBRD Board of Directors during their visit to Mongolia. While the EBRD replied to both of these, several issues still need clarification, as there is conflicting information.

Advocacy letter | March 22, 2012

The EBRD and the EIB are considering a loan of up to PLN 800 million to the Polish electricity utility ENEA to support a PLN 3.2 billion investment programme of the company's distribution network. Bankwatch's letter enquires what conditions will be placed on an EBRD loan to ENEA to make sure that the loan does not free the company's assets that it needs to invest in the Kozienice coal-fired unit number 11 in Poland.

A similar letter was sent to both the European Bank for Reconstruction and Development (pdf) and the European Investment Bank (pdf).

Briefing | March 15, 2012

The European Commission’s proposed European Code of Conduct has the potential to become a major tool for securing effective partnership, transparency and public participation under the Cohesion Policy. This briefing contains recommendations to further support and realise this potential.

Briefing | March 14, 2012

This briefing outlines a number of aspects that - if improved - would enhance the European Commission’s proposal on the future EU budget and maximize benefits for the regions delivered by the future Cohesion Policy while contributing to reach the 2020 climate, energy and biodiversity targets and creating green jobs.

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Bankwatch Mail | March 13, 2012

Issue 51 of our quarterly newsletter with campaign updates and analyses of international development finance issues.

Bankwatch Mail | March 13, 2012

No sooner had rumours started circulating in January that Robert Zoellick would be stepping down as president of the World Bank than our friends at the Bretton Woods Project fished out their administrator passwords and fired up the World Bank President website once again.

Bankwatch Mail | March 13, 2012

Early in the new year Bankwatch and partner groups lodged two complaints with the EBRD's Public Complaint Mechanism (PCM): one concerning the loan agreement for the Rivne-Kyiv High Voltage Line project in Ukraine, the other concerning the EBRD's Šoštanj lignite thermal power plant loan in Slovenia.

Bankwatch Mail | March 13, 2012

There is more or less consensus among various stakeholders that developing decentralised renewable energy sources (RES) to feed local energy demand is the only way to build a long-term, truly sustainable, effective and fair way to satisfy Europe’s energy needs.