Is crypto keeping Tajikistan’s Rogun Dam project afloat?
23 December 2024 | Eurasianet
In a letter sent earlier this year to Bankwatch, World Bank officials defended Rogun as a potentially “transformative clean energy project that will improve domestic and regional welfare and contribute to the decarbonization of regional power grids in Central Asia, provided it is managed under sound macro-economic, commercial, and social and environmental sustainability frameworks.”
The World Bank should reconsider its mega dam project in Tajikistan
16 December 2024 | Al Jazeera
Providing funding to a repressive regime to construct the ‘highest dam in the world’ is a recipe for disaster.
Bank of scandals: toxic culture of favouritism exposed at the European Investment Bank
11 December 2024 | Follow the money
“Compared to other financial institutions, the EIB is run with a high level of internal secrecy,” said Anna Roggenbuck, who has been following the EIB for over 15 years for Bankwatch, a civil society organisation that monitors publicly financed projects.
The European Investment Bank has a chronic ‘revolving doors’ problem
5 December 2024 | EUobserver
Instead of the EIB shrugging its shoulders at yet another revolving door case, it must understand these new revelations as a wake-up call to drive the necessary changes that will enable it, as a key EU institution, to retain public legitimacy.
“There is no political vision that can show people the light at the end of the tunnel,” said Eliza Barnea from CEE Bankwatch Network, a climate-focused nonprofit.
Cop29 host Azerbaijan set for major fossil gas expansion, report says
23 October 2024 | The Guardian
The new report, produced by Urgewald and CEE Bankwatch, found Azerbaijan was set to increase its gas production by a third in the next decade, with fossil fuel companies forecast to spend $41.4bn (£31.9bn) on the country’s gas fields.
