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Home > European Bank for Reconstruction and Development (EBRD) > Updates on the European Bank for Reconstruction and Development

Updates on the European Bank for Reconstruction and Development

Dirty power plants in Western Balkans and Ukraine set to become EU priority

Press release | 22 October, 2013

Belgrade – Several environmentally damaging coal and hydropower projects across the Western Balkans, Ukraine and Moldova are likely to be included this Thursday on a priority list of projects of the European Commission-backed Energy Community, meaning they will be fast-tracked for financing over the next years.

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Western Balkans and Ukraine: EC-backed Energy Community to prioritise coal plants that threaten EU long-term climate targets

Publication | 22 October, 2013

The Western Balkans countries are aspiring to become members of the European Union. On 24 October the Ministerial Council of the EC-backed Energy Community will approve a list of priority energy infrastructure projects resulting from the Regional Energy Strategy known as Projects of Energy Community Interest (PECIs) for the Western Balkans, Moldova and Ukraine. These projects would be prioritised for fast-track approval and public financing.

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Leading green NGOs in Europe tell the EBRD to step out of coal

Press release | 30 September, 2013

Brussels – As the European Bank for Reconstruction and Development today closes the public consultation period on its upcoming energy strategy, a coalition of the ten largest environmental organisations working at the European level, the Green 10, is calling on the bank to phase out fossil fuels from its future lending, beginning with coal, and to rule out lending to risky energy sources, such as nuclear and shale gas.

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Comments on EBRD’s draft energy strategy

Publication | 24 September, 2013

Bankwatch’s detailed comments on the draft energy sector strategy of the European Bank for Reconstruction suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank’s fossil fuel lending. It also contains comments on other energy sources, carbon markets, energy systems, carbon capture and storage, nuclear safety, and in an additional annex it lays out sustainability criteria for hydropower development.

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Summary of Bankwatch’s comments on EBRD’s draft energy strategy

Publication | 24 September, 2013

In our full comments on the draft energy sector strategy of the European Bank for Reconstruction Bankwatch suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank’s fossil fuel lending. This document summarises the most important points made and a collection of most recommendations.

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Letter to EBRD directors: Ensure proper investigation into new corruption arrests at Kolubara mine

Publication | 20 September, 2013

On Monday, September 9, 2013, Serbian police arrested the former director and the former financial director of the Kolubara Mining Basin, as well as a businessman and several other individuals on the basis of suspected fraud in land expropriation proceedings around the Kolubara mine. This letter asks the EBRD board of directors to ensure that the EBRD thoroughly investigates the issues around these latest arrests.

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A message to EBRD President Suma Chakrabarti

Blog entry | 13 September, 2013

In an open letter sent today to the President of the European Bank for Reconstruction and Development 54 civil society organisations follow up from last weeks consultations on the bank’s new energy sector strategy and ask the president to ensure that the EBRD addresses the challenges of climate change with the urgency it deserves. We reproduce the letter’s content here.

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Civil society letter to EBRD president: Energy Sector Strategy and consultations

Publication | 13 September, 2013

After a week of consultation meetings in Istanbul, Belgrade and Moscow to discuss the EBRD energy sector strategy with EBRD staff, civil society groups turn to the bank’s president Suma Chakrabarti as we believe that some of our concerns deserve his attention.

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New arrests link corruption with land expropriation at Serbian Kolubara mine

Blog entry | 11 September, 2013

Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week’s arrests indicate that they are closely connected.

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Of horses and roads – protests in Ukraine highlight lack of safety

Blog entry | 11 September, 2013

Demonstrations in Kiev have shown that road safety is not only for cars but also pedestrians and other traffic participants – a lesson that the Ukrainian road company still needs to learn and that the European Bank for Reconstruction and Development should be teaching more actively.

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