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Home > Archives for Finance and biodiversity

Finance and biodiversity

No recovery without citizens: why public involvement is key to Europe’s green transformation

June 20, 2023

The report has been written in the frame of the Citizens Observatory for Green Deal Financing project. It brings together the direct experience of nine different civil society organisations and includes seven individual case studies providing information from the ground. 

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Upper Horizons hydropower scheme, Bosnia and Herzegovina

June 14, 2023

A series of dams, diversion tunnels, hydropower plants and channels will completely change the natural hydrology of eastern Herzegovina and have unpredictable impacts on wetlands, rivers and underground karst.

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Ulog and Upper Neretva hydropower plants, Bosnia and Herzegovina

June 14, 2023

A 35 MW hydropower plant was completed in 2024 on a pristine section of the Neretva river at Ulog. Seven more plants are also planned further upstream.

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Garden of Eden or desert? Water retention in the Great Hungarian Plain and the Recovery Facility

June 5, 2023

The 2022 drought demonstrated what experts have known for years, that Europe’s next crisis will be water. Ill-considered water management practices, damming, irrigation, and overuse of subsurface water have damaged entire landscapes on our continent.

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Skavica hydropower plant, Albania

April 28, 2023

Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower. The Skavica project may flood several villages, displace thousands of people and bring the Balkan lynx to extinction

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EU’s house bank breached environmental standards on Serbia hydropower project

April 14, 2023

The European Investment Bank (EIB) breached its environmental standards during the approval of the Komalj small hydropower plant in Serbia, the Bank’s Complaint Mechanism has concluded, in a report published today. (1)

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Activists call on EU to better protect nature from energy infrastructure in the Western Balkans, Ukraine, Georgia and Moldova

March 14, 2023

60 civil society organisations have sent a joint letter to the EU Commissioner for Environment, Virginijus Sinkevičius, calling on the EU to better protect nature during energy infrastructure development under the Energy Community Treaty (1).

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Environmental groups challenge backdoor dismantling of EU nature safeguards

March 9, 2023

CEE Bankwatch Network and ÖKOBÜRO have initiated legal action (1) to uphold EU environmental law and public consultation requirements when building renewable energy facilities. The groups argue that an emergency regulation adopted by the Council of the European Union in December 2022 breaches EU and international law.

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Successful renewables acceleration needs more public participation, not less

February 27, 2023

In December 2022, the Council of the European Union adopted an emergency regulation aimed at speeding up renewable energy deployment. But Member States have to uphold environmental safeguards and consult the public if they don’t want to end up doing the opposite, warns our new position paper.

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Position paper for EU Member States on applying Council Regulation (EU) 2022/2577 to accelerate the deployment of renewable energy

February 27, 2023

Council Regulation (EU) 2022/2577 of 22 December 2022 rightly aims to accelerate the deployment of renewable energy. But although it contains some useful provisions, it raises serious concerns about the legal basis used for its adoption, the extent to

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