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Western Balkans countries invest at least 2.4 times as much in coal as in wind power

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All the Western Balkans countries have committed to increase their share of renewable energy by 2020 to reach between 25 and 40 percent of their energy mix, as part of their obligations under the Energy Community Treaty. Yet this is far from obvious when examining their investment plans for new power generation capacity. Governments are actively planning to build 2800 MW of new coal plants with construction cost of at least EUR 4.5 billion. In contrast, these countries are only planning to build around 1166 MW of wind power plants, at an estimated cost of EUR 1.89 billion.

Western Balkan countries invest more than twice as much in coal as in wind power: new Bankwatch analysis

Western Balkan countries are planning investments in wind power, but these are being heavily outweighed by their investments in coal plants, according to a CEE Bankwatch Network analysis launched today. The region’s governments are actively planning 2800 MW of new coal plants but allowing only around 1166 MW of wind power plants to be built.

Success: Romanian government promises to respect property of villagers threatened by coal mine

After months of protests and the people in Runcurel, a small town in Romania that is to be swallowed by a lignite mine, have finally received positive news from the Romanian government. During a meeting with Bankwatch Romania and Greenpeace Romania, the Minister for Energy Vlad Grigorescu confirmed that the government will do more to protect locals and their houses.


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Ohrid - Peshtani expressway project, Macedonia

The Ohrid-Peshtani expressway project - financed by the European Bank for Reconstruction and Development via a EUR 160 million loan for the National Roads Programme - involves the construction of a new section on the A3 express to the Albanian border. The new 12.5 kilometre section is planned to pass through the Galicica national park - a rare and important natural site with
abundant biodiversity, that was listed as an emerald site (a future Natura 2000
site) and was designated in 2014 part of UNESCO’s World Network of Biosphere Reserves.

Update on resettlements at Kolubara mine and other EPS operations

In October 2015 the independent Project Complaint Mechanism (PCM) of the European Bank for Reconstruction and Development found that the bank breached its environmental and social policy with regards to safeguarding the rights of communities impacted by mining operations of the Serbian state energy company EPS. The EBRD responded by requiring EPS to develop “an overall Resettlement Framework which will apply to all of its activities” and by committing to monitor the implementation of the plan.

Balkan energy projects with Chinese involvement - state of play, May 2016

Bosnia and Herzegovina, Serbia, Montenegro and Romania all plan new lignite power plants during the next few years. In contrast, most EU countries are giving up building new coal plants and seven EU states are already coal-free. Since the European Investment Bank, the European Bank for Reconstruction and Development and the World Bank have virtually halted lending for new coal power plants, most of them are due to be financed by Chinese state banks – ExIm Bank and the China Development Bank.

BiH Business Forum: Region Welcomes Chinese Investments in Energy

Source: Simona Drevenšek, Energetika-Net

Chinese investors are prepared to keep investing in Bosnia and Herzegovina (BiH), as well as Republika Srpska in the field of energy, among other things, said Petar Đokić, Republika Srpska’s Minister of Industry, Energy and Mining, yesterday at the 7th international investment conference ‘Sarajevo Business Forum (SBF) - Prospects for China +16 CEEC’, which is taking place in Sarajevo on 4-5 May. ...

Bosnia and Herzegovina signs deal for Tuzla 7 coal plant construction - but its economics are shrouded in mystery

In spite of an updated construction contract for a new unit at the Tuzla coal-fired power plant, the project's economic feasibility remains a puzzle with missing pieces.


Lost in transition - 25 years of the European Bank for Reconstruction and Development

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This report examines a selection of cases monitored by CEE Bankwatch Network and its partners in recent years and highlights some of the weaknesses observed in the EBRD’s approach to environmental, social, democracy and development issues.

On 15 April 2016 the European Bank for Reconstruction and Development (EBRD) will mark its 25th anniversary. This opportunity should kick-start a debate about what the London-based public bank has achieved since it started operations in 1991 and to reflect on its future.

Romanian city battles in court to protect its citizens' health

The Romanian city of Reghin wants its citizens to agree before a potentially harmful formaldehyde plant is built. It has to defend this decision in court.


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