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Pressure builds on EBRD to quit coal lending

4 September, 2013

The European Bank for Reconstruction and Development lags behind other major international financial institutions that are moving away from supporting dirty energy projects.

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Charts: Financial allocations for Cohesion Policy

29 August, 2013

Cohesion Policy decisions are heating up at national level while financial allocations for the period 2014-2020 have been published this week.

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Reality, climate change and global attention is catching up on the ‘sustainable energy’ bank (EBRD)

28 August, 2013

As part of the consultation on its energy sector strategy the EBRD next week hosts public meetings in Istanbul, Belgrade and Moscow to discuss with civil society from its countries of operation. While public pressure is increasing to end coal financing it is important to note that restrictions to carbon-intensive investments must be strictly and clearly defined in the strategy document if they are to improve the EBRD’s climate impact. An article from Bankwatch’s 2012 annual report (pdf) illustrates how a too flexible approach allows the EBRD to greenwash also very dirty investments.

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Groups petition Polish government to drop permit for Europe’s largest planned coal plant

26 August, 2013

On Monday Polish NGOs Client Earth, Workshop for all Beings, Greenpeace, WWF and local community group Eco-Kociewie petitioned the General Director of Environmental Protection to cancel the environmental impact assessment permit for the Polnoc Power Plant in northern Poland.

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All at SEA – key assessment of EU funds programmes in Latvia fails to address environmental concerns, opportunities

15 August, 2013

There is a big long list of technical jargon attached to the programming documents of the EU funds for the 2014-2020 funding period – enough to fill an entire blog post on its own. But you will be relieved to read that, in the context of Latvia’s ongoing negotiations as to how we will spend our future EU budget money, I will focus on only one of these items. It may be a bit of a mouthful, but it is what it says it is – only in Latvia, as environmental NGOs are discovering, what should be a safeguard for the environment appears to have gone missing.

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