Carbon sleight of hand continues at Czech coal giant
November 12, 2018 | Read more
The quasi state-owned Czech energy company ČEZ is up to its old tricks again. It celebrates a 30 % reduction in emissions, praising the public free allowances, and conveniently forgets to link the drop in emissions with the sale of some of its largest power plants.
Romania’s energy transition: to be or not to be
November 1, 2018 | Read more
Facing numerous economic and environmental challenges, Romania’s energy industry needs a coherent, sustainable and stable action plan that prioritises transparency in decision-making and consultation of all involved. On 17 October, to identify the necessary measures, Bankwatch Romania organised a workshop titled Opportunities for transition to clean energy in Romania.
Controversial dam project in Georgia abandoned by constructor
October 30, 2018 | Read more
Already mired by controversy, the billion dollar Nenskra hydropower plant is now facing another major hurdle as the company contracted to realize the project is now leaving it.
Bursting bubbles: greens and geeks of the world, unite!
October 26, 2018 | Read more
In the age of fake news, providing fact-based arguments in environmental campaigns is crucial. Bankwatch has reached out to the technology-savvy community, to bring more robustness to the narrative.
EBRD – still fixated on gas despite IPCC warnings
October 15, 2018 | Read more
In its new draft strategy for the energy sector, meant to guide the bank’s lending between 2019-2023, the EBRD gives too much prominence to gas as a so-called “bridging fuel” on the way to decarbonisation – much more prominence than is given to energy savings and even to sustainable renewables.
Open letter to ministers regarding the EU Budget
October 10, 2018 | Read more
This letter was sent to EU ministers ahead of the General Affairs Council regarding the Multiannual Financial Framework after 2020.