New Bankwatch study: European “green energy” funding for hydropower threatens pristine Balkan rivers
11 December, 2015
Radolfzell, Vienna, Prague – A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans, finds a new study by CEE Bankwatch Network released today.
Read moreUkraine snubs safety concerns and European donors, extends lifetime of fourth Soviet-era nuclear reactor
8 December, 2015
Kiev, Prague – An ageing nuclear unit in the South Ukraine power plant is the latest to have its expiry date rewritten by overzealous Ukrainian authorities, despite a number of pending safety issues and concerns over compliance with international treaties.
Read more9 reasons why the EU’s bank is no climate leader
8 December, 2015
The European Investment Bank’s track record stands in stark contrast to its pose as a hero in the fight against climate change.
Read moreMacedonia urged to suspend controversial hydropower project
4 December, 2015
Strasbourg, Skopje, Prague – In the latest blow to planned hydropower dam in Macedonia’s Mavrovo National Park, the Standing Committee of the Bern Convention, the European wildlife treaty, added today its voice to growing calls to reconsider this reckless project. The spotlight is now on the European Bank for Reconstruction and Development (EBRD), the project’s main financier.
Read moreŠefčovič’s underwhelming outlook for the Energy Union’s role in the energy transition
1 December, 2015
On 20 November 2015, following the presentation of the first State of the Energy Union, Vice-President Šefčovič hosted a Twitter Chat. Also several Bankwatchers joined the discussion. Here are some points we found noteworthy.
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