EBRD – still fixated on gas despite IPCC warnings
15 October, 2018
In its new draft strategy for the energy sector, meant to guide the bank’s lending between 2019-2023, the EBRD gives too much prominence to gas as a so-called “bridging fuel” on the way to decarbonisation – much more prominence than is given to energy savings and even to sustainable renewables.
Read moreOpen letter to ministers regarding the EU Budget
10 October, 2018
This letter was sent to EU ministers ahead of the General Affairs Council regarding the Multiannual Financial Framework after 2020.
Read moreThe complaints mechanism at the EIB – usable but useless?
8 October, 2018
Nearly three years after first announcing it, the European Investment Bank (EIB) has finally presented a new vision for the bank’s complaints mechanism, the body responsible for grievances related to EIB projects and policies.
Read moreEuropean public banks continue financing coal bonanza
1 October, 2018
The EIB and EBRD have been channelling billions of euros in public money to fossil fuels dependent companies, hampering the international community’s efforts to tackle climate change.
Read more200 million euro EBRD loan to Serbian energy giant EPS under investigation
1 October, 2018
Prague, Belgrade – The independent grievance body of the European Bank for Reconstruction and Development (EBRD) has started investigating a EUR 200 million ‘restructuring loan’ granted in 2015 to Elektroprivreda Srbije (EPS), the largest energy company in Serbia, following a complaint by CEE Bankwatch Network and Serbian environmental group CEKOR.
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