Flawed by design: How the Connecting Europe Facility still backs the fossil-fuel industry
July 8, 2025
We expose the role of the Connecting Europe Facility, a little-known EU infrastructure fund, in feeding the hydrogen hoopla.
EU climate fund shrinks support for dirty energy
July 4, 2025
In its largest investment round to date, the EU’’s Modernisation Fund extended support to multiple schemes and projects to advance the energy transition, but damaging projects still get a slice.
Serbia’s district heating crisis: Gas dependence fuels price volatility
July 1, 2025
Serbia’s district heating sector is facing an unprecedented crisis, driven by an overreliance on imported fossil fuels – particularly fossil gas – and an inability to control energy prices. This dependence puts the sector at a significant risk of collapse in the coming years, threatening the basic heating needs of millions of citizens. It also underscores the urgent need for the Serbian government to diversify the district heating system by integrating sustainable renewable energy sources.
Why the EBRD’s financing for the Greece to North Macedonia gas interconnector cannot be considered Paris-aligned
June 23, 2025
This briefing shows that the ‘Regional Gasification Project’ cannot be considered to be aligned with the Paris Agreement, despite the EBRD’s claims.
Western Balkan governments still complicit in deadly coal pollution – new report
June 17, 2025
In 2024, Western Balkan governments’ chronic law enforcement failures allowed sulphur dioxide (SO2) pollution from the region’s antiquated coal power plants to exceed legal limits by six times, according to the seventh edition of Bankwatch’s Comply or Close report, published today (1). Dust and nitrogen oxides (NOx) pollution from coal plants also continued to exceed legal limits.
The EBRD’s climate contradiction: Syrdarya fossil-gas plant locks Uzbekistan into Russian energy dependence
May 29, 2025
The USD 200 million investment in the 1,500-megawatt combined-cycle gas turbine power plant in the Syrdarya region of Uzbekistan exposes significant contradictions between the EBRD’s stated commitments and its actual financing decisions.
Joint NGO statement: New EU budget must ensure dedicated funds for environmental protection and just transition in the Western Balkans
May 28, 2025
68 civil society organisations have today issued a joint statement calling on the EU to ensure dedicated funds for environmental protection and just transition of coal-dependent regions in the Western Balkans in the post-2027 EU budget.
Joint NGO statement on the future of the Instrument for Pre-accession Assistance (IPA) in the post-2027 EU budget
May 28, 2025
This joint statement signed by 68 civil society organisations calls on the EU to ensure dedicated funds for environmental protection and just transition of coal-dependent regions in the Western Balkans
Concerns raised over new coal mining project in light of North Macedonia’s decarbonisation goals
May 27, 2025
CEE Bankwatch Network and Eko-svest have recently raised serious concerns regarding a proposed coal mining project in North Macedonia. The plan to open a new lignite mine in the Pelagonija region comes as a surprise, as the region is already affected by three other operating mines and the project contradicts the country’s coal phase-out commitments.
GET greener: Strengthening the EBRD’s Green Economy Transition approach
May 26, 2025
The EBRD’s review of its GET approach should help to build an increased consensus on what investments can be considered ‘green’. This issue paper presents the key points from our extensive comments submitted to the EBRD in early April 2025.
