The public is still paying, hydropower operators are still profiting
January 27, 2021 | Read more
More than a year after Bankwatch revealed the scale of hydropower subsidies in the Western Balkans, progress in eliminating environmentally harmful aid is still slow.
Pulling the ‘cotton’ over Uzbek eyes at latest EBRD investment
January 26, 2021 | Read more
On 27 January 2021 the EBRD expects its Board of Directors to approve a loan of USD 70 million to Indorama Agro for the development of the cotton farming sector in Uzbekistan.
‘Needle under a blanket’ at Belgrade waste project
January 18, 2021 | Read more
Superficial cover up by the EBRD’s accountability mechanism of problems at Belgrade Solid Waste public-private partnership is followed by new request for problem solving.
As Serbia starts the development of a new renewable energy law, it needs to prevent more public money being used for environmentally damaging hydropower projects and make its incentives scheme more financially sustainable.
As the European Commission reviews its Guidelines on State Aid for Environmental Protection and Energy, it must finally stop subsidies for activities contradicting EU climate and environment policies.
One of the leading reasons for the extremely polluted air are the outdated and substandard coal-fired power plants in the region. The 16 plants operating in the Western Balkan countries emit as much sulphur dioxide and dust pollution as the entire fleet of coal plants in the EU.
