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
New report: Western Balkan coal plants in severe breach of air pollution limits
Press release | 10 December, 2019Brussels – Western Balkan countries breach air pollution limits for coal plants agreed with the Energy Community by as much as six times for one toxic substance, according to new research published today by CEE Bankwatch Network.
Read moreNorth Macedonia: coal exit welcome, but no excuse for ecosystem destruction
Blog entry | 5 December, 2019Two out of three scenarios in the country’s groundbreaking draft Energy Strategy foresee a coal exit by 2025 – excellent news in a country traditionally dominated by coal-fired electricity. But the Strategy’s plans for hydropower are unrealistic, writes Nevena Smilevska.
Read moreEuropean banks must not support a “new Šoštanj 6” in Bosnia-Herzegovina, warn NGOs
Press release | 2 December, 2019Slovene bank NLB’s offer of a loan for the construction of the controversial Tuzla 7 coal power plant in Bosnia and Herzegovina poses serious risks to the bank and its shareholders due to a slew of legal and economic issues around the project, warned a group of non-governmental organisations in a letter to the bank today (1).
Read moreRelated publications
Complaint regarding the EIB loan to Sostanj lignite power plant TES6
Official document | 28 February, 2011 | Download PDFThe complaint, filed with the European Investment Bank by Focus Association for Sustainable Development (SI) calls on the bank to withdraw its approval for the project. The complaint addresses the following aspects: premature disbursement of funds failure to assess the project’s compatibility with the 2050 climate targets misleading claims that TEŠ 6 is only a replacement and not an expansion missing clear governmental support to the project
The EIB’s and EBRD’s role in changing the Polish energy market
Briefing | 20 January, 2011 | Download PDFThe European Investment Bank and the European Bank for Reconstruction and Development can play a crucial role in a transition of the Polish energy market towards energy efficient energy production based on renewable energies.
Pointers for the EBRDs forthcoming mining sector strategy
Policy comments | 20 November, 2010 | Download PDFThe document summarises the goals on which, according to Bankwatch, a future EBRD mining sector strategy needs to be based if the EBRD wants to support sustainable development. It includes specific recommendations to help ensure that EBRD investments in the mining sector bring real benefits for communities, avoid environmental and social harm, reduce CO2 emissions and do not increase countries’ dependence on commodities.
