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
Energy Community Treaty violations dig Western Balkan countries deeper into coal hole
Blog entry | 20 January, 2020“If you find yourself in a hole, stop digging” is an adage that decision-makers in the Western Balkans would do well to heed. This particularly applies to plans to bring online new coal power plants and the legal, economic and credibility risks these entail.
Read moreFunding the right incentives for the just transition
Blog entry | 14 January, 2020The Commission’s proposal for a Just Transition Fund is encouraging as fossil fuels have been excluded. Special attention should be given though to key elements such as its mode of governance, geographical scope, and the types of activities eligible for funding.
Read moreEU Just Transition Mechanism needs local ownership and concrete steps to decarbonisation
Press release | 10 January, 2020The 7.5 billion euros revealed today in a leak of the EU’s proposed Just Transition Mechanism can lead a sustainable and economically-fair move away from fossil fuels in Europe’s carbon-dependent regions, but only if local stakeholders are involved in planning the transformation and the funding is consistent with climate targets.
Read moreRelated publications
Joint NGO proposals on the Green Agenda for the Western Balkans
Joint Letter | 3 April, 2020 | Download PDFThe Western Balkans has the necessary resources not only for sustainable renewable energy and energy savings, but also for the production of healthy food, while nurturing its exceptional biodiversity. With only 18 million inhabitants, change in the region should not be as daunting a task as in larger economies, if carried out efficiently, with true political commitment and regional cooperation.
Alarming levels of air pollution in settlements in coal regions are choking Central and Eastern Europe
Briefing | 4 March, 2020 | Download PDFBankwatch’s ongoing air pollution campaign added six more locations to its independent particulate matter monitoring to provide on-the-ground data from these major polluting locations.
Financing the low carbon transition in Romania
Study | 21 February, 2020 | Download PDFRomania is the country in the South East European and Central East European with the best enabling conditions for the energy transition. Yet it continues to be one of the lignite intensive countries in the EU. Read our report to explore why on the European scale, Romanians still pay more than their European counterparts for the costs of this carbon intensive energy system.
