European-financed small hydropower plants damaging pristine Balkan landscapes – study
Press release | 20 December, 2017Eight hydropower projects in Albania, Croatia and Macedonia financed with European public money have damaged biodiversity and are in urgent need of increased monitoring and restoration measures.
Read moreBern Convention: Macedonian government is urged to halt construction of hydropower plants in national park
Press release | 11 December, 2017Plans for 17 hydropower plants throughout Macedonia’s Mavrovo National Park must be immediately suspended, so the Standing Committee of the Bern Convention ruled at its annual meeting last week.
Read moreMore billions for fossil fuels overshadows European development bank’s climate pledges
Press release | 11 December, 2017Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
Read moreEnergy lending at the EBRD: Fossil fuels up, renewables down
Blog entry | 11 December, 2017What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?
Read morePrice tag of Georgia’s Nenskra dam goes through the roof
Blog entry | 4 December, 2017New information reveals the disproportionate price that Georgia’s government guarantees to pay for electricity from the Nenskra dam. The increasingly unfavourable economics strengthen calls to finally make the project’s contract publicly available.
Read moreBetween TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline
Blog entry | 30 November, 2017Interviews in Albania revealed a barrage of complaints about how the Trans-Adriatic Pipeline has been treating farmers affected by the mega gas project that may soon receive a record loan from the European Investment Bank.
Read moreEurope’s murky Eastern energy deals
Blog entry | 24 November, 2017Millions of euros in public money are being invested in large infrastructure projects in the EU’s eastern neighbours in total disregard for Europe’s climate goals, and local communities, writes Manana Kochladze.
Read moreA growing menace in Ukraine as proposed loan to agribusiness giant adds to conflict
Blog entry | 21 November, 2017The European Bank for Reconstruction and Development will decide next week on another loan of USD 25 million for Myronivsky Hliboproduct (MHP), in spite of repeated attempts by locals to reign in the impacts wrought by MHP.
Read moreBulgarian gold in offshore paradise linked to European public lender
Blog entry | 21 November, 2017The profits of the richest Bulgarian gold mine are “optimised” through several Caribbean offshore companies and a Dutch cooperative. The European Bank for Reconstruction and Development is one of the shareholders.
Read moreDéjà vu in biodiversity: public banks pitted against international wildlife convention
Blog entry | 15 November, 2017Europe’s wildlife guardian has sent a warning to Georgia over changes to a protected area in the Caucasus mountains. International lenders are interested in financing hydro developments in the region.
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