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.
Stay informed
We provide updates in English from the Balkans and other coal regions.
IN FOCUS
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
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.
Kamengrad lignite power plant, Bosnia-Herzegovina
An idea to build a power plant at the open-cast Kamengrad coal mine near Sanski Most in the Federation of Bosnia-Herzegovina has been around for years, but in 2017 it took a step forward with the November signing of a Memorandum of Understanding between Energy China International and the Bosnia-Herzegovina construction supplier Lager d.o.o. for a 2 X 215 MW plant.
Latest news
Nermin Džindić: Navodi iz žalbi u vezi s garancijama za Blok 7 su netačni
Bankwatch in the media | 28 September, 2018“BankWatch Network” i “Arhus centra” i ranije se žalile na sve korake u realizaciji projekta Source: Nermin Džindić: Navodi iz žalbi u vezi s garancijama za Blok 7 su netačni
Read moreGarancije FBiH za Blok 7 sporne Energetskoj zajednici
Bankwatch in the media | 27 September, 2018Bosna i Hercegovina je prijavljena Energetskoj zajednici zbog jamstava koje planira izdati kineskoj Exim banci za izgradnju bloka 7 termoelektrane u Tuzli. Naime, evropska pravila propisuju da država jamstvima može pokriti 80% kredita, a da je Federac …
Read moreUpozorenje Evropske energetske zajednice
Bankwatch in the media | 27 September, 2018Evropska energetska zajednica pozvala je Federalni parlament da ne odobri garanciju na kredit između Elektroprivrede BiH i Izvozno-uvozne banke Narodne Republike Kine za izgradnju bloka 7 Termoelektrane Tuzla. Tvrde da je postupak nezakonit i da nije u …
Read moreRelated publications
EBRD renewable investments finally matched its fossil fuel investments in 2017 – So why is the bank’s draft Energy Strategy still fixated with gas?
Briefing | 15 October, 2018 | Download PDFThe European Bank for Reconstruction and Development has recently issued a new draft Energy Strategy for public consultation that will define its activities in the energy sector from 2019-2023. It clearly commits to halt all direct financing for coal p …
65 groups from 28 Countries tell EBRD and EIB to stop financing fossil fuels
Advocacy letter | 28 September, 2018 | Download PDFThe letter is written on the need to ensure the ongoing energy reviews at the European Bank for Reconstruction and Development and the European Investment Bank are aligned with the Paris Agreement goals.
European public funding for fossil fuel-dependent companies
Study | 27 September, 2018 | Download PDFCEE Bankwatch Network follows closely the EBRD’s ‘sister institutions’ and actively advocates for improvement of their lending policies. As the European Investment Bank (EIB) is expected to review its 2013 ‘Screening and Assessment Criteria for Energy …
