New EBRD policy too weak on tax havens in development finance
3 February, 2014
Debt and finance watchdog Eurodad has analysed the EBRD’s new policy on domiciliation and explains how it does not take the bold steps needed to tackle the use of tax havens in development finance.
Read moreCharts: The two worlds of EIB climate action
3 February, 2014
Our analysis of the latest available lending figures from the European Investment Bank show a striking imbalance between what was invested towards climate adaptation and mitigation in old and new EU Member States.
Read moreGuest post: A Balkan lesson for coal investors
28 January, 2014
When Dr. Kim, President of the World Bank, and leaders of other international financial institutions ponder funding new coal power projects this year – like the one in Kosovo – there’s one word that should be seared into their memories: Sostanj.
Read moreLeaked document: Doubling of electricity tariffs in Ukraine, condition for EBRD nuclear safety loan
27 January, 2014
The project through which the life time of old Ukrainian nuclear reactors is being prolonged with EBRD financing would not be economically feasible without a doubling of electricity tariffs, shows a document leaked to EurActiv last week.
Read moreUPDATED: Slovenia continues to fall into the economic abyss of the lignite plant at Sostanj
24 January, 2014
Ljubljana – The scandal-marred lignite plant TES 6 at Sostanj in Slovenia will likely cost 1.44 billion euros (2 billion US), more than double than what was initially predicted, and is due to produce annual losses of 50 million euros, show calculations recently revealed by Slovenian media. These cost escalations, predicted by NGOs critical of the project, should constitute a word of caution for other countries in South-Eastern Europe that are considering building new coal capacities.
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