Letters to EBRD and EIB: Irregularities in the Sostanj project in Slovenia
Publication | 13 March, 2012With this letter, Bankwatch, together with Focus, Association for Sustainable Development and Greenpeace Slovenia are informing the EIB’s and EBRD’s highest decision-making bodies about recent developments in the case of the Sostanj lignite power plant that in our view should prompt the banks to drop their participation in this investment. The EBRD’s president Thomas Mirow replied on April 16, 2012 (download his response (pdf)) informing us about the suspension of the EBRD’s loan for the Sostanj project. Just one day later, another letter from the EBRD (download as pdf) informed us that the suspension is not a formal suspension.
Read moreVreoci community requests EBRD to suspend credit arrangement with Kolubara
Publication | 13 March, 2012The Vreoci community from the Kolubara mining basin requests from the EBRD to suspend the loan arrangements for the Kolubara lignite mine due to the constant and increasing violations of human and property rights by the Public Company Mining Basin “Kolubara” – Lazarevac.
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State Commission warns of corruption and illegality at Šoštanj
Publication | 13 March, 2012Fresh controversy hit the proposed 600 MW lignite power plant at Šoštanj in Slovenia in late February when the Slovenian State Commission for the Prevention of Corruption issued a report in which it says corruption conditions existed at the time of the awarding of the construction contract to French company Alstom and continue to exist today. The Commission report also states that Slovenian lobbying legislation has been breached by the goings-on at Šoštanj.
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Ukraine’s risky nuclear future shouldn’t receive European support
Blog entry | 9 March, 2012Ukraine plans to extend the lifetimes of its fifteen nuclear reactors, most of which will soon pass their expiration date. A new report shows how these plans that are pursued in utter silence have seen only an inadequate assessment.
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Bankwatch report: EU supports nuclear life time expansion in Ukraine
Press release | 8 March, 2012Money from Euratom and the European Bank for Reconstruction and Development is to be used to finance the life time expansion of Ukrainian nuclear reactors, 12 of which had initially been scheduled to close down no later than 2020, according to an expert report published today by CEE Bankwatch Network.
Read moreCritical Review of the Ukraine NPP Safety Upgrade Program
Publication | 8 March, 2012This expert review of Ukraine’s Nuclear Power Plant Safety Upgrade Program, that’s to be financed by Euratom and the European Bank for Reconstruction and Development shows that some of the measures included in the SUP are necessary for the lifetime expansion of the plants and not for their regular functioning until the initially planned term.
Read moreCOGEN Slovakia, Cogeneration in Povazsky Chlmec
Publication | 7 March, 2012The new greenfield gas cogeneration power plant COGEN in north Slovakia is planned to produce power and heat. Located in Považský Chlmec, a town in the Žilina district, the new plant would further deteriorate the quality of life of locals, who have for decades been suffering from the negative impacts of a nearby waste disposal site and nearby highway.
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The European Commission, an EBRD shareholder that should start acting like one
Blog entry | 1 March, 2012Recent Balkan hydro projects suggest the European Commission could make much better use of its shareholder role in the European Bank for Reconstruction and Development.
Read moreDestroying future NATURA 2000 sites in the Balkans. The European Commission’s role in steering the EBRD’s investments
Publication | 1 March, 2012The letter complains about the EU’s negligence of its shareholder role in the European Bank for Reconstruction and Development and its lack of scrutiny of two recently approved projects that are set to contravene EU principles and standards: the Ombla hyrdopower plant in Croatia and the Boskov Most HPP in Macedonia.
Read moreConfirmatory application regarding disclosure of results of the interservice consultation for Ombla hydropower plant
Publication | 29 February, 2012The EBRD’s Board of Directors approved the Ombla hyrdopower plant project on 22 November 2011, before an assessment had been carried out regarding the project’s impact on a proposed Natura 2000 site. In addition the project is being carried out on the basis of an Environmental Impact Assessment study from 1999, whose content may not fully reflect the requirements of EU legislation in this area.
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