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Home > Archives for Bankwatch in the media

Bankwatch slams Romania’s free EUA request

27 February 2012  | Carbon Finance

NGO Bankwatch has criticised the national emissions plan submitted by Romania to the European Commission, claiming the east European country intends to use free emissions allowances from 2013 to invest “almost exclusively in fossil fuel facilities”.

New: the EU budget – it has never been so green

24 February 2012  | European Energy Review

For the first time ever decarbonisation is an explicit goal of the next EU budget. And it shows: the European Commission wants to devote fully 20% of the 1 trillion budget, which runs from 2014 to 2020, to climate-related actions. The goal: to change the face of the European energy system and sow the seeds for a low-carbon economy in 2050. But it is the Member States who will ultimately have to make up their minds whether they want to make the EU’s green dream come true. Sonja van Renssen reports from Brussels.

NGOs: Romania’s submissions for greenhouse gas allowances contradict EU’s goals

22 February 2012  | Romania Insider

Romania has not included investments in wind, hydro, solar or geothermal power plants in its national plan, submitted in September 2011 to the European Commission to obtain greenhouse gas emissions allowances, found a recent analysis issued by CEE Bankwatch Network and Greenpeace Romania.

L’or contre l’eau au Kirghizstan

17 February 2012  | Affaires Strateguiques

L’entreprise minière Kumtor Gold Mine est aujourd’hui montrée du doigt par deux études sorties consécutivement et qui l’accusent de négligences graves aux conséquences nuisibles pour le reste de la région centrasiatique. Dans un contexte géographique où l’eau constitue un enjeu majeur, le Kirghizstan bénéficie d’un avantage stratégique puisqu’il est placé en amont des autres pays. Si la gestion des ressources hydriques se fait théoriquement en concertation avec les autres partenaires de la région, ces deux rapports montrent que les relations sont conflictuelles.

Mongolia as Minegolia? Paying the Price

16 February 2012  | New York Times

Gold Mine Strike Costing Kyrgyzstan Millions Per Week

15 February 2012  | eurasianet

A week-old strike at Kyrgyzstan’s largest gold mine is costing Bishkek approximately $380,000 per day, according to the Vechernii Bishkek newspaper. Judging by a brief slowdown last year, the walkout could sharply affect growth forecasts.

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