Time to put an end to Albania’s fossil fuel déjà vu
December 21, 2023
In the last two decades, residents of Vlora, a lively tourist city on the Albanian coast, have had a slew of mostly unsuccessful oil and gas projects foisted on them. No wonder a recent event there called on the government to stop its costly fossil fuel experiments and seize the opportunity to declare Albania’s electricity production and consumption 100 per cent renewable.
New Biofuelwatch briefing exposes Tuzla power plant’s planned biomass unit as a dead end
December 21, 2023
A new briefing by Biofuelwatch, launched today, has revealed that the planned use of biomass energy crops in a new unit at the Tuzla coal power plant in Bosnia and Herzegovina is an unfeasible and environmentally risky endeavour.
European development bank decides to keep cooking the planet
December 15, 2023
The board of the European Bank for Reconstruction and Development (EBRD) decided yesterday, 14 December, to green-light a new energy lending policy that, with some caveats, allows for continued financing of fossil gas pipelines and gas-fired power plants.
Why the Bulgaria-Turkey gas deal could be a Russian Trojan horse
December 13, 2023
Promoted as a means to diversify gas sources, an agreement signed earlier this year by the Bulgarian government to import fossil gas from Turkey is only likely to provide a backdoor for Russian energy and undermine efforts to alleviate Europe’s dependence on fossil fuels
Crunch time for European development bank’s fossil fuel spending
December 12, 2023
The European Bank for Reconstruction and Development (EBRD) is set to decide the future of its energy investments right after the latest round of UN climate negotiations concludes this week. Its Executive Directors must heed the EU’s call for a fossil fuel subsidy phase-out
New EIB President Nadia Calviño must put people’s needs first
December 8, 2023
The new European Investment Bank (EIB) President Nadia Calviño must tap into the Bank’s green and social potential. She should direct the EIB to mobilise its resources to meet the fundamental needs of people and to assist with transforming our society into one that’s ecological and sustainable.
On 14 December 2023, the European Bank for Reconstruction and Development (EBRD) could decide to end all fossil fuel investments
December 7, 2023
Two days* after COP 28 is due to conclude, the board of directors of the EBRD, a multilateral development bank owned by 72 governments, will vote on its new Energy Sector Strategy. This policy will guide the Bank’s energy investments until 2028.
The EU and US are fossil-fooling the Western Balkans with gas How can the region cut to a clean future?
November 29, 2023
The Western Balkans’ energy transition is finally starting to pick up pace. But false solutions such as fossil gas threaten to divert resources and create new fossil-fuel lock-in. So why do the European Union (EU) and United States (US) continue to push such projects in the region and what can be done about it?
Amidst the climate crisis, European Commission green-lights new fossil gas projects in Poland and Croatia
November 22, 2023
Poland and Croatia are set to receive EUR 1.2 billion in EU recovery funds to expand liquefied gas (LNG) terminals and build new pipelines.
To keep homes warm in the Western Balkans, look beneath the surface
October 26, 2023
Geothermal energy as a sustainable source for district heating is gathering steam around the world. Many municipalities in the Western Balkans urgently need to break free from dirty and expensive fossil fuel-based heating. One little-known way of doing so is to tap the region’s geothermal potential lying right below their feet.