Lack of transparency hindering Czech export agency
15 February, 2017
Although not an institution that typically receives much fanfare, the export credit agency (ECA) in the Czech Republic has a poor track record worthy of more scrutiny. Its latest failure relates to a contract for the construction of a power plant in Tu
Read moreUkraine’s addiction to nuclear energy poses a decades-long threat to Europe
2 February, 2017
Despite an urgent need to rebuild and reshape its highly inefficient and outdated energy sector, Ukraine has recently presented a draft of its new energy strategy that looks more like of the same. While the strategy makes mention of modern renewable en
Read moreDestructive hydropower project in Macedonia loses its only source of funding
23 January, 2017
Skopje, Prague – After a five years long campaign, Eko-svest, Front 21/42 and CEE Bankwatch Network welcome the cancellation of a EUR 65 million loan from the European Bank for Reconstruction and Development (EBRD) intended for the Boškov Most hydropower project in Macedonia. As a result this controversial project is now highly unlikely to be realised.
Read more[Campaign update] Pljevlja residents protest against air pollution
23 December, 2016
Once again people from Pljevlja in northern Montenegro have taken to the streets to protest against the awful pollution that has been plaguing the town for years. Supported by NGOs Ozon and Green Home, the protest aimed to put pressure on the authoriti
Read moreWorld Bank’s controversial TANAP loan is bad news for human rights and climate action
21 December, 2016
Yesterday, the World Bank’s board of directors approved two USD 400 million loans, to Azerbaijan and to Turkey, to develop the Trans Anatolian Pipeline (TANAP), the centrepiece of the Southern Gas Corridor project. CEE Bankwatch Network and Counter Balance are deeply concerned that the decision to channel such large amounts of money to Europe’s biggest fossil fuels project could exacerbate the already dismal human rights situation in both Azerbaijan and Turkey, and undermine the global efforts to tackle the climate crisis.
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