The economic viability of coal is ever decreasing. Without public financial support many coal investments are doomed to fail. Yet several institutions are still willing to finance an energy source that wrecks our climate, damages our health and wastes our money.
To help bring about a world beyond coal, we investigate and promote a socially responsible transition while exposing the economic, legal, social and environmental risks of coal power.
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We provide updates in English from the Balkans and other coal regions.
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Just transition
No one should be left behind when we reconstruct our world into one driven by clean energy. Working on just transition brings all actors who believe in fair regional redevelopment to the same table: unions, industry, public administration, governments, civil society and others sharing this goal.
Coal projects
Just transition
Working on just transition brings all actors who believe in fair regional redevelopment to the same table: unions, industry, public administration, governments, civil society and others sharing this goal. They should be working together to find what is best for their regions and communities, from creating good quality jobs to identifying sustainable alternatives.
Rovinari unit 7, Romania
The Romanian Government has been negotiating for several years with the Chinese Government to build a new 600 MW unit at the lignite power plant in Rovinari, Gorj County. The new unit would be built on the site of Units 1 and 2, currently decommissioned. A new up and running plant would pollute the whole region for at least 40 more years, a coal plant’s average lifespan.
Gacko II, Bosnia and Herzegovina
State-owned utility Elektroprivreda Republike Srpske, together with China Machinery and Engineering Corporation (CMEC) and Emerging Markets Power Fund, plans to build a new 350 MW lignite power plant in Gacko, near the town’s existing plant, and in December 2017 a Memorandum of Understanding was signed to move the project forward.
Latest news
Third time’s a charm? New attempts to sell off unprofitable Czech coal plant in Turkey
Blog entry | 25 July, 2019The Turkish state fund TMSF opened a new round of bidding for the troubled Adularya coal power plant only two weeks after a second unsuccessful attempt to sell the project. The move is unexpected because this third round preempts statements by the Czech Minister of Industry and Trade, which had said it planned a visit to Ankara to understand why the tender failed for the project that has been plagued by legal challenges.
Read moreSlovakia’s €3 billion fund to move from coal | Article | KHL
Bankwatch in the media | 10 July, 2019Government approves local community’s transition plan in line with EU’s 2050 carbon neutral goal Source: Slovakia’s €3 billion fund to move from coal | Article | KHL
Read moreSlovak government approves Just Transition plan for Upper Nitra
Press release | 3 July, 2019The Slovak government is today approving a plan for Upper Nitra’s transition away from coal, which was created based on inputs from the local community.
Read moreRelated publications
Seven Golden Rules for open and inclusive just transition planning at the regional level
Briefing | 15 July, 2019 | Download PDFEvery region and every community is different. As EU countries wake up to the climate emergency and the need for a swift transition to a sustainable and carbon-neutral society, it is becoming increasingly clear that we need regional and community-level
Kako se riješiti smoga
Study | 25 June, 2019 | Download PDFKoliko bi javno zdravlje Tuzle imalo koristi od provedbe zakonodavstva o kvalitetu zraka CEE Bankwatch Network i Centar za ekologiju i energiju su u Tuzli proveli neovisni monitoring čestica prašine poznate kao PM10. Pored toga smo, na osnovu zvaničnih
Lifting the smog
Study | 25 June, 2019 | Download PDFHow much Tuzla’s public health would benefit from enforcement of air quality legislation CEE Bankwatch Network and the Center for Ecology and Energy have therefore undertaken independent monitoring in Tuzla of coarse dust particles known as PM10. Toget
