A false solution to a real problem?
14 June, 2019
New research by Bankwatch shows energy and climate plans (NECPs) in 7 CEE countries over-rely on unsustainable biomass to reach their renewable energy objectives.
Read moreNew opportunities for eastern Europe if the EU’s bank ramps up climate ambition and quits fossil fuels
13 June, 2019
Ahead of the European Investment Bank’s annual governors’ meeting, several EU’s finance ministers put forward a joint non-paper “Climate for the future of Europe” with an idea to transform the EIB: make green financing its top priority and promote investments in energy and climate transition. The right initiative risks failing if not supported by the majority of the bank’s shareholders, in particular by the eastern states that wrongfully fear that EIB’s increasing ambition in climate finance will unfavorably impact the bank’s presence in their countries.
Read moreJust Transition plan for Slovak coal region Upper Nitra to be aproved today
12 June, 2019
The Upper Nitra regional parliament is today approving a plan for the region’s transition away from coal, which was created by the Slovak government based on inputs from the local community.
Read moreIn Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year
10 June, 2019
For immediate release. Prague, Tbilisi – A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report broadcast on 8 June by the national television station Rustavi 2 [1].
Read moreMoney for nothing: Ugljevik III coal concession must be cancelled, not bought off
7 June, 2019
After years of speculation about the Ugljevik III coal power project in Bosnia-Herzegovina, this week’s news is that the government wants to buy off Comsar Energy’s concession. Yet if the company hasn’t fulfilled the conditions from the contract, why should it be rewarded?
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