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Home > Archives for Bankwatch in the media

Polish gas policy under fire

21 May 2013  | New Europe

On 21 May, Bloomberg reported that the Polish gas policy followed by the government has led many North American companies to leave the country. However, the tax measures haven’t become law yet.

EBRD Chief Warns to Expect More Investment in Coal

14 May 2013  | Oilprice.com

Riccardo Puliti, the energy chief of the European Bank for Reconstruction and Development (EBRD), one of the most influential government –owned investment organisations in the energy industry, has stated that it may begin to invest more heavily in coal projects. Puliti argues that when looking at where to invest in the energy market it is not always possible to maintain an ideological policy on carbon intensity, and that other important factors must also be considered.

Carbone, una delle più grandi banche europee rilancia gli investimenti

14 May 2013  | Ecologiae

Il carbone ci ha portato in una situazione ambientale insostenibile. Ma siccome porta lavoro, bisogna continuare ad investire in quel campo. Questa scriteriata scelta non arriva da un’imprenditore dell’ultima ora ma da Riccardo Puliti, capo della divisione energia della EBRD, la Banca Europea per la Ricostruzione e lo Sviluppo. In pratica una delle principali banche del Vecchio Continente che si occupano di finanziare i grandi progetti imprenditoriali.

Greens appeal to PM and EBRD to scrap Ombla project

14 May 2013  | Dalje.com

About 40 civil society organisations from throughout Croatia and international organisations, including Friends of the Earth International, Bankwatch and Justice and Environment, have sent letters to Prime Minister Zoran Milanovic and the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, appealing that they abandon the plan for the construction of a harmful and expensive hydroelectric power plant on the Ombla river in the Dubrovnik area of southern Croatia.

Serbia mining at centre of debate

14 May 2013  | SETimes

The Kolubara mining basin covers 600 square kilometres, producing 30 million tonnes of lignite and more than 50 percent of Serbia’s electricity annually. While government and international investors claim Kolubara is crucial to Serbia’s energy security, critics said expansion has come at heavy social and environmental cost.

Arab organisations speak out against EBRD

13 May 2013  | Daily News Egypt

Economic and environmental concerns surrounding EBRD’s plans for SEMED region conveyed by regional groups

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