In recent years Montenegro was forced to stop granting incentives for renewable energy projects due to public outcry about small hydropower decimating several small rivers and enriching businesses close to the ruling party. Now a new draft Law on Energy looks set to relaunch the incentives scheme. Why haven’t lessons been learned?
The wind of change is still far from Galabovo
May 5, 2020 | Read more
The Maritsa East Complex in Bulgaria, the largest energy complex in South-East Europe, has become notorious in the region and in the European Union for its complete disregard for environmental and social safeguards.
A herd of white elephants is approaching the EU’s neighbours
April 30, 2020 | Read more
Over three quarters of the energy projects proposed by the EU’s neighbours for priority status, including privileged access to public funds, are fossil fuels projects.
From the Caucasus to Russia: Why this road?
April 27, 2020 | Read more
To “better connect the Caucasus to Russia,” a new road project, Kvesheti-Kobi, is planned to be realized in Georgia. This road section will be part of a north-south corridor that passes the Caucasus and serves to connect the region to Russia.
Change for good: why we need fair, just supply chains
April 27, 2020 | Read more
Uncertainty and crisis are not uncommon to global supply chains. The present disruption sheds light on the unsustainability of production and logistics and is an opportunity for economic players like the international financial institutions to rethink the way supply chains benefit those at every stage.
As the European Commission moves to legislate on criteria regulating what can be defined as sustainable investments, Bankwatch warns that activities such as waste incineration, gas combustion and nuclear energy must not be allowed to sneak in at the last minute.
