Czech coal mining communities are under threat
March 12, 2015 | Read more
A debate over coal mining limits in the Czech Republic shows that mining communities in EU countries are facing similar struggles as in other parts of the world. It also illustrates how “securing energy supply” has become a catch-all argument even when the energy demand in no way justifies it.
Planned new coal capacities will result in high additional costs for Energy Community countries. Transforming their energy sectors into efficient, sustainable renewables-based systems is not only possible but a cost-effective way forward.
Croatian electricity company HEP on Monday announced that it had signed an exclusivity agreement to conduct further negotiations with Japan’s Marubeni – a company which has been implicated in several corruption scandals.
Polish companies lack guidance on social responsibility in the Global South
February 24, 2015 | Read more
Private businesses are playing an increasing role in development finance, but their involvement is one of the most controversial issues in the discussion on sustainable development. The Polish government’s support for businesses still lacks clear reference to international standards and guiding principles for operating in the Global South.
Agro business shooting star in Ukraine turns into nightmare for investors
February 18, 2015 | Read more
The story of the defaulted company Mriya Agro Holding shows what risks investors and creditors are willing to take in the pursuit of profit in Ukraine’s agribusiness. Major creditors, including the International Finance Corporation and export credit agencies have been left with little hopes of recoveries. The European Bank for Reconstruction and Development has escaped the financial loss by a hair’s-breadth.
EU priority gas pipeline faces fierce opposition in Italy
February 17, 2015 | Read more
The European Investment Bank recently confirmed plans to finance the Trans-Adriatic Pipeline from Greece via Albania to Italy. Yet a coalition of local mayors will do whatever it takes to stop the project.
