NGO’s protest letter: Proper impact assessments must be minimum condition for EBRD loan involving “fracking” in Tunisia
Publication | 2 July, 2013A USD 60 million loan to Serinus Energy for a project that involves hydraulic fracturing (“fracking”) concessions in Tunisia is being currently considered by the EBRD. In this letter, Tunisian and European organisations urge the EBRD to reject the loan at the next Board meeting or to postpone the decision and undertake proper assessment of its impacts with in-depth consultations of the stakeholders.
Read moreInvest in haste, repent at leisure – Are IFIs behaving as if EU accession criteria and extreme energy losses do not exist in South East Europe?
Publication | 25 June, 2013South-eastern Europe is riddled with poor planning and corruption in the energy sector and its governments are proving slow to react to the challenges and opportunities offered by the decarbonisation agenda.
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A tale of neglect: Energy finance figures from the Western Balkans
Blog entry | 25 June, 2013The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region.
Read moreDevelopment banks energy investments jeopardise the ability of Balkan accession countries to meet EU energy and climate targets, says new report
Press release | 25 June, 2013Brussels, Belgium – Heavy investments in fossil fuels by international financial institutions (IFIs) in the Western Balkans are hindering these countries’ compliance with EU accession requirements, finds a new report – “Invest in Haste, Repent at Leisure” – from civil society organizations CEE Bankwatch Network, SEE Change Net and WWF, created as part of the SEE SEP (South East Europe Sustainable Energy Policy) programme.
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Little impact of EU aid for Egypt – Ongoing abuses and Brussels scrutiny puts EBRD’s best laid plans in question
Blog entry | 24 June, 2013How is the European Bank for Reconstruction and Development able to justify a brand new host country agreement with Egypt, given the abuses still being endured in Egypt and the failure of one billion euros of EU money to improve the economic and human rights situation there?
Read more[Campaign update] Plomin project promoter not able to justify health risks of coal
Blog entry | 21 June, 2013Public discussions about the Plomin coal power plant’s health impacts show how both project promoters and public authorities prefer to ignore or play down uncomfortable arguments and evidence against the project.
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The G8, tax havens and the need to clean up our own “bank yard”
Blog entry | 18 June, 2013While the G8 leaders claim they are at war with tax avoidance, their own bank, the European Bank for Reconstruction and Development is involved in deals linked to offshore financial centres.
Read moreOff balance – The Georgian energy sector and the contradictions in EU policy and practice
Publication | 18 June, 2013This study reviews the development of greenfield hydro projects in Georgia and explores how current energy sector trends in the country relate – or otherwise – to sustainable energy principles.
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Shale tale: Unconventional gas and the European Bank for Reconstruction and Development
Blog entry | 12 June, 2013During the last months, the European Bank for Reconstruction and Development has come out with positive statements about shale gas investments, most recently on Poland – a rather rash endorsement of a controversial technology.
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[Campaign update] The reality of resettlement in Kolubara: Out of the frying pan into the fire
Blog entry | 4 June, 2013A quick visit to the Kolubara mining basin reveals that the resettlement there looks nothing like the presentation from the European Bank for Reconstruction and Development.
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