The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch’s EBRD campaign team to react.
Despite having a slew of good reasons not to support the damaging Ombla hydropower plan in Croatia, the European Bank for Reconstruction and Development still didn’t confirm during recent meetings that it would withdraw from the project.
People from the Kolubara mine basin in Serbia have many stories to tell about the hardships they face due to the lignite mining operations. Serbian Bankwatcher Nikola Perusic adds his account to two stories in the guardian and in Bankwatch Mail 56.
Yesterday, Green Action/Zelena Akcija, Greenpeace and Green Istria staged a spooky public action to raise attention for the findings of a new study that predicts approximately 17 early deaths annually due to the planned new 500 MW unit at the Plomin coal power plant in Croatia.
A new report takes a critical look at the engagement of European development banks in Egypt after the popular uprisings in the Middle East and North African region. This article appeared originally on the Counter Balance blog and has been shortened and slightly edited.
The EBRD’s involvement in the Ombla hydropower plant project has from the start been a story of insufficient scrutiny and cutting procedural corners, followed by an attempt to patch things up by commissioning a belated nature impact assessment. The assessment highlights the Ombla area’s natural importance and captures some of the harm that would be done by the dam, but fails to draw the right conclusions, says Jagoda Munic, President of Friends of the Earth International and Biodiversity Programme Co-ordinator at Zelena akcija/Friends of the Earth Croatia.
