Vital conditions to support businesses towards a stronger, fairer and more sustainable economy
November 6, 2024
This document brings insight in to how public finance can foster green manufacturing, support innovative start-ups, and facilitate the transformation of industry and its supply chain.
Accelerating the deployment of sustainable solar
December 5, 2022
This joint statement by BirdLife International Europe and Central Asia, CEE Bankwatch Network, Climate Action Network Europe, the European Environmental Bureau, EuroNatur and SolarPower Europe lays out priorities for the current EU discussions to ensur
Rebuilding cities for people in Ukraine
September 19, 2022
This briefing describes Ukrainian cities’ efforts for green development before the war and their plans for green post-war reconstruction.
Buk Bijela dam and the Upper Drina cascade
December 13, 2021
Planned as a joint project of public utilities owned by the Republika Srpska entity of Bosnia and Herzegovina and Serbia, Buk Bijela on the upper Drina is being pushed forward in violation of local legislation and international conventions.
Energy doublethink: contradictions at the EU bank in combatting climate change
September 11, 2018
See the web-version of the report. This year the European Investment Bank is expected to review its 2013 ‘Screening and Assessment Criteria for Energy Projects’, also known as its Energy Lending Criteria, which governs the types of projects the bank ca
The EU’s house bank obstructs climate action with continued fossil fuels spending and lacking investment in sustainable energy – new report
September 6, 2018
Prague – A new Bankwatch analysis released today shows that in the years 2013-2017, the European Investment Bank (EIB) has invested EUR 18.4 billion in renewable energy projects in Europe and beyond, but at the same time handed out EUR 11.8 billion in EU public money to fossil fuels projects. The new report details a set of measures – including an unequivocal commitment to end support for fossil fuels – that can be introduced in the course of the upcoming review of the EIB’s energy strategy to ensure the world’s largest public lender facilitates the global effort to tackle the climate crisis, rather than hamper it.
Momentum building in Latvia for transition to a low carbon economy and independence from Russia’s gas
July 24, 2018
On 12 July, Bankwatch member group in Latvia Green Liberty brought together a group of energy experts with Krisjanis Karins, a member of the European Parliament (MEP), to foster the energy transition towards low carbon development and a sustainable energy sector for the country.
Pipeline mired in controversy gets half a billion euros from European development bank
July 4, 2018
Brussels, London, Rome, Prague – Today the European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 500 million for the multi-billion euro Trans-Adriatic Pipeline (TAP) [1], in spite of the project failing to conform to the bank’s own policies and the fervent local resistance following the 878-kilometre pipeline where it crosses land in Greece and Albania before arriving onshore in Italy.
Nenskra Hydro Project – Update
June 29, 2018
The Asian Infrastracture Investment Bank is considering a non-sovereign loan of USD 100 million for a 280 MW reservoir-type hydropower plant, located in the Nenskra and Nakra valleys of Northwest Georgia. We would like to provide information about new developments that the AIIB should consider as part of its due dillgence on the project.
The great coal jobs fraud (2018 UPDATE)
June 28, 2018
This study, an update of our November 2016 analysis, examines the claims and finds that in almost all cases, they are exaggerated. In fact, even the current levels of employment cannot be maintained and some companies such as Elektroprivreda Srbije and
