Fossil fuels are fast losing their social license. It is becoming increasingly evident that countries’ continued reliance on dirty hydrocarbons escalates the climate crisis, worsens air pollution and enables war.
Long touted as a ‘bridge fuel,’ fossil gas now needs to be recognised by policymakers for the hurdle to the energy transition that it is, and multilateral development banks should urgently end support for gas projects and gas-dependent companies.
The energy transition has to be just and fast, with citizens, municipalities and workers as critical participants in the process. We are working to ensure no more public money is spent on coal, and public finance is used to accelerate this transition.
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IN FOCUS
Fossil gas
Fossil gas is the new coal. Although often labelled ‘natural,’ fossil gas is a major driver of the climate crisis. There is no more room for new investments in fossil gas projects if we are to avert the worst impacts of the climate crisis and set a path towards decarbonisation.
District heating
District heating and individual heating are still dominated by fossil fuels and inefficient burning of wood without regard to sustainability criteria, in combination with a low degree of energy efficiency. This has to change, since heating plays a crucial role in the transition into a clean and zero-carbon economy.
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.
Documentary: Turning the Tide
Our documentary exposes, for the first time, the extent of financial support four of the world’s leading multilateral development banks (MDBs) – the World Bank, the European Investment Bank, the Asian Development Bank and the European Bank for Reconstruction and Development – have been providing to the global fossil fuels industry over the past 13 years.
Our analysis shows that since 2008, the oil, coal and gas business has been enjoying no less than EUR 81.5 billion in support from these government-owned financial institutions in the form of loans, grants, credit lines and guarantees.
Coal projects
Ugljevik power plant, Bosnia and Herzegovina
Commissioned in 1985, the 300 MW coal power plant in Ugljevik, Bosnia and Herzegovina, has become famous for emitting more sulphur dioxide than all of Germany’s coal power plants in 2019.
Pljevlja I power plant, Montenegro
The existing 225 MW Pljevlja thermal power plant in the north of Montenegro, near the borders with Serbia and Bosnia-Herzegovina, has been operating since 1982. The plant was originally planned to comprise two units but the second one was never built. The plant, along with the extensive use of coal and wood for heating, has caused unbearably bad air quality in the town.
Kostolac B power plant (B1, B2), Serbia
The Kostolac B power plant, consisting of 2 units of 350 MW each, first entered into operation in 1987. In 2022, the plant delivered 4388 GWh of electricity to the grid, nearly 20 per cent of the country’s coal-based generation.
Latest news
How many elephants does it take to build a gas pipeline?
Blog entry | 23 January, 2023In October 2022, the EBRD published no fewer than eight environmental and social assessments on the Greece – North Macedonia fossil gas pipeline for public consultation. Thousands of pages analyse every nook and cranny along the planned route, but fail to notice the elephant in the room: the project’s massive greenhouse gas emissions.
Read moreRomania U-turns on decarbonisation to expand a lignite mine in Gorj and wipe out 106 hectares of forest
Press release | 13 January, 2023The Romanian government is again acting contrary to its EU commitments.
Read moreLet the sunshine in: how a coal region in North Macedonia can switch to sustainable heating
Blog entry | 21 December, 2022The government in North Macedonia wants to link the 40 year old REK Bitola power plant to the regional heating system. But cementing the dependence on fossil fuels would be reckless. Instead, a new study finds that fitting houses in Bitola with air conditioning and solar panels could keep people warm, cut air pollution and even shield against increasingly volatile energy prices. Such households forming energy communities, the study shows, could not only lower initial investments but even generate them some income.
Read moreRelated publications
Open Letter on the Implementation of the RED in the European Union
Letter | 29 April, 2024 | Download PDFIn this letter, we urge the European Commission and Member States to explicitly exclude waste incineration from the scope of ‘waste heat’ targets in the RED, prioritize waste prevention and establish ambitious recycling target and invest in innovative technologies for clean energy generation and resource recovery.
Cleaning up District Heating: Best technologies and real-life examples
Brochure | 18 April, 2024 | Download PDFIntended for practitioners, policymakers, civil society and the energy sector, this brochure reviews various public financing options that can help enable the transition to clean district heating.
Air pollution in Ugljevik, Bosnia and Herzegovina
Briefing | 27 March, 2024 | Download PDFUgljevik lignite-fired power plant, located in Republika Srpska, an entity of Bosnia and Herzegovina, is notorious Europe-wide for its extremely high emissions of sulphur dioxide into the air. Despite the exceptionally high stack of the power plant, the town of Ugljevik is still suffering from serious air pollution.