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Home > Archives for Finance and biodiversity

Finance and biodiversity

Environmental groups slate EU plans to weaken nature safeguards in the Western Balkans, Ukraine, Moldova and Georgia

June 25, 2024

The European Commission must revise ill-advised plans to undermine nature protection rules for renewable energy projects – including hydropower and biomass – under the Energy Community Treaty (1), 40 civil society organisations today underlined in a joint letter.

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Joint civil society letter to the European Commission on the RED Recommendation

June 25, 2024

In this letter, 40 civil society organisations urge the European Commission to revise ill-advised plans to undermine nature protection rules for renewable energy projects under the Energy Community Treaty.

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Battling Rapids and Regulation: Neretva River’s Eco-Warrior Stands Tall

June 25, 2024

Lejla Kusturica, a Bosnian environmental activist, is concerned about the impact of a new hydro-power dam on the Neretva river’s ecosystem …

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Why and how the European Bank for Reconstruction and Development must improve its biodiversity standards

June 24, 2024

The EBRD’s Environmental and Social Policy is now undergoing revision and it needs not only to maintain the EBRD’s practices with regard to biodiversity, but also to significantly improve them.

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EBRD urged to improve biodiversity safeguards, rule out offsetting

June 24, 2024

Prague-based CEE Bankwatch released recommendations to strengthen safeguards on nature under the bank’s Environmental and Social Policy ( …

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Poor planning by the European Investment Bank puts at risk one of the largest wind energy projects in the Western Balkans

June 19, 2024

Following concerns from local people, the Aarhus Centre in Sarajevo and CEE Bankwatch Network have started legal actions on the lack of environmental impact assessment and appropriate assessment for the 132 MW Poklečani wind project in Bosnia and Herzegovina (BiH). Hasty decisions by the Federation of BiH authorities and European Investment Bank might end up delaying the project for years.

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Joint civil society comments on the EBRD biodiversity standards (ESR 6)

May 29, 2024

Ahead of the EBRD’s Annual Meeting, 12 civil society organisations submitted their collective input on the revised draft of the EBRD’s Environmental and Social Policy, focusing on standards related to biodiversity conservation and sustainable management of living natural resources.

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From drainage to restoration: A new chapter for Estonia’s wetlands

May 28, 2024

In Estonia, drained peatlands are a major source of greenhouse gas emissions and thus exacerbate climate change. Our case study highlights the success of a project aimed at restoring the water regime of a mire ecosystem, leading to a remarkable growth in vegetation and the recovery of multiple species.

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Destroying while rebuilding: Flawed hydro project set for Polish just transition region needs a rethink

May 7, 2024

Eastern Wielkopolska, one of Poland’s just transition regions, urgently needs to repair the damage caused by decades of lignite mining. One controversial hydrological project slated for the region aims to flood open pits and stabilise water levels. But while these measures appear to be positive steps towards making amends, the environmental impacts of the project have not been assessed, which is likely to result in a number of unintended and damaging consequences.

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Court annuls environmental permit for Drina hydropower project

May 2, 2024

Photo: fotos1992 from Pixabay

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