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EBRD’s Independent Project Accountability Mechanism investigates the Indorama Agro cotton project in Uzbekistan

16 January, 2025

Following multiple allegations of human rights violations by Indorama Agro on a controversial cotton project funded by public development banks, the European Bank for Reconstruction and Development (EBRD)’s Independent Project Accountability Mechanism (IPAM) has finally launched an investigation to determine whether the project adheres to the EBRD’s environmental and social standards.

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Against all logic, Bosnia and Herzegovina’s Federal government ramps up fossil gas ambitions

14 January, 2025

Fossil gas makes up less than three per cent of total energy supply in Bosnia and Herzegovina (BiH), but instead of making use of the opportunity to leapfrog straight from coal to renewables, the Federation of BiH (FBiH) government is inexplicably expanding its gasification ambitions.

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Western Balkans: Environmental groups challenge Commission’s breach of Reform and Growth Facility safeguards

13 January, 2025

CEE Bankwatch Network and Climate Action Network (CAN) Europe have formally requested a review (1) of the European Commission’s decision to approve five Western Balkan countries’ Reform Agendas under the new Reform and Growth Facility. The groups argue that the approval breached EU law by failing to apply mandatory environmental safeguards and public consultation requirements.

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EU’s Modernisation Fund continues to fund fossil fuels and waste incineration projects, undermining climate and environmental goals

20 December, 2024

The European Commission yesterday announced the disbursement of EUR 2.7 billion from the EU Modernisation Fund to support 39 investment projects across eight Member States. However, CEE Bankwatch Network’s analysis shows that a significant portion of this funding is being disbursed to projects that contradict the EU’s climate and energy targets for 2030.

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Bosnia and Herzegovina southern gas interconnector: ‘Why gas at all?’ should be the key question

18 December, 2024

The long-running controversy about the planned southern gas interconnector between Croatia and Bosnia and Herzegovina (BiH) has dramatically reignited this month. After fervent lobbying by the US Ambassador to BiH, a special law on the project was adopted by the first of two houses of the Federation of BiH entity parliament on 12 December. But political controversies have monopolized the debate, with hardly a word on its energy, economic or climate implications.

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