No-one will ‘freeze to death’ if the planned lignite-fired power plant in Kosovo does not receive support from multilateral development banks, but if it does, low-income households may well end up choosing between electricity and food. How can an institution, whose very mission is to end poverty, justify this project?
Success: 391 hectares of Romanian forest saved in 2015
January 11, 2016 | Read more
With one more positive court decision just before the end of the year, Bankwatch Romania had a lot to celebrate in 2015.
Following Bankwatch’s revelations about toxic pollutants at the Tsumeb smelter in Namibia, the smelter’s owner, Canadian mining company Dundee Precious Metals (DPM), contested our findings in Namibian news reports. Without substantiating its claims with facts, however, and in light of the results of local health surveys the company’s reassurances ring hollow and meaningless.
9 reasons why the EU’s bank is no climate leader
December 8, 2015 | Read more
The European Investment Bank’s track record stands in stark contrast to its pose as a hero in the fight against climate change.
On 20 November 2015, following the presentation of the first State of the Energy Union, Vice-President Šefčovič hosted a Twitter Chat. Also several Bankwatchers joined the discussion. Here are some points we found noteworthy.
The critically endangered population of the Balkan lynx (Lynx lynx balcanicus) may be getting a new lease on life this week after being threatened by planned hydropower constructions in its core area of reproduction.
