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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

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Ukraine’s risky nuclear future shouldn’t receive European support

Blog entry | 9 March, 2012

Ukraine 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, 2012

Money 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.

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Critical Review of the Ukraine NPP Safety Upgrade Program

Publication | 8 March, 2012

This 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.

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COGEN Slovakia, Cogeneration in Povazsky Chlmec

Publication | 7 March, 2012

The 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, 2012

Recent Balkan hydro projects suggest the European Commission could make much better use of its shareholder role in the European Bank for Reconstruction and Development.

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Destroying future NATURA 2000 sites in the Balkans. The European Commission’s role in steering the EBRD’s investments

Publication | 1 March, 2012

The 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.

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Confirmatory application regarding disclosure of results of the interservice consultation for Ombla hydropower plant

Publication | 29 February, 2012

The 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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Energy Security for whom? For what?

Blog entry | 28 February, 2012

A new report by The Corner House critically examines the notion of “energy security,” one of the buzzwords in European politics used to justify controversial infrastructure projects like the Nabucco gas pipeline or high voltage transmission lines in Ukraine. Here an introduction to the report from its authors.

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Enquiry regarding the Natura 2000 assessment process of the Ombla hydropower plant

Publication | 27 February, 2012

More information on the Ombla hydropower plant project is available on our website. The EBRD replied to our enquiry on March 1, 2012. Their answer can be downloaded as pdf.

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Out of left field: A Kyrgyz inspiration for the EBRD

Blog entry | 23 February, 2012

Following the publication of one official and one shadow report on the Kumtor gold mine, Kyrgyz authorities have responded to the calls of Bankwatch and other environmental groups to take a tougher stance on the Kumtor mining operations. The EBRD should follow their example.

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