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Bankwatch in the media

European Development Bank: Backward Step on Rights

Reuters AlertNet | March 5, 2014

Any views expressed in this article are those of the author and not of Thomson Reuters Foundation. Facebook Like Email The European Bank for Reconstruction and Development’s (EBRD) new draft Environment and Social Policy would fail to weed out abusive development projects, seven human rights and bank watchdog organizations said today in a joint statement. The bank’s consultation on the draft policy closes on March 5, 2014. It then has an opportunity to revise the policy before sending it to the bank’s board for approval in the coming months.


European Development Bank: Backward Step On Rights, Says HRW

Eurasia Review | March 5, 2014

The European Bank for Reconstruction and Development’s (EBRD) new draft Environment and Social Policy would fail to weed out abusive development projects, seven human rights and bank watchdog organizations said today in a joint statement. The bank’s consultation on the draft policy closes on March 5, 2014. It then has an opportunity to revise the policy before sending it to the bank’s board for approval in the coming months.


Ukraine’s woes deepen as EBRD warns of power price doubling

Energo | February 4, 2014

available upon request


Big loans to big players

Mada Masr | January 30, 2014

To many outsiders looking in, the seemingly resounding “yes” vote in Egypt’s recent constitutional referendum might suggest that, three years on from the January 25 protests that kick-started the country’s revolution, the democratic transition is healthily moving forward.


Hydropower Struggle: Dams Threaten Europe’s Last Wild Rivers

Der Spiegel | January 29, 2014

Europe’s last remaining wild rivers flow through the Balkans, providing stunning scenery and habitat to myriad plants and animals. But hundreds of dam projects threaten to do irreparable harm to the region’s unique biospheres — to provide much needed electricity to the people who live there.


EBRD hiding head in the sand on Egypt democracy

The Daily News Egypt | January 29, 2014

Individual rights, gender equality, freedom of religion, freedom of thought and opinion, freedom of press, the right to go on strike — all these and other rights and freedoms are enshrined in the new constitution that Egyptians voted overwhelmingly in favour of.


A Lesson for Dr. Kim and the World Bank as It Ponders the Kosovo Coal Project

Huffington Post | January 27, 2014

When Dr. Kim, President of the World Bank, and leaders of other international financial institutions ponder funding new coal power projects this year — like the one in Kosovo — there’s one word that should be seared into their memories: Sostanj.


The scandal-marred lignite plant TES 6 in Slovenia will likely cost 1.44 billion euros

Balkans Business News | January 27, 2014

The scandal-marred lignite plant TES 6 at Sostanj in Slovenia will likely cost 1.44 billion euros (2 billion US), more than double than what was initially predicted, and is due to produce annual losses of 50 million euros, show calculations recently revealed by Slovenian media. These cost escalations, predicted by NGOs critical of the project, should constitute a word of caution for other countries in South-Eastern Europe that are considering building new coal capacities


Is the Western Balkans the new Desertec?

European Energy Review | January 14, 2014

available upon request


TTIP puts the EU’s environmental and social policies on the line

Euractiv | January 13, 2014

The European Commission has repeatedly promised civil society that the TTIP negotiations with the US will not lead to a race to the bottom on environmental protection, health and safety standards and consumer rights. But as negotiations progress, civil society groups on both sides of the Atlantic are increasingly feeling uneasy, ten leading NGOs write in an open letter.


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