Guest post: Resettlement process for Kosovo Power Project does not comply with international standards
3 February, 2015
A report being presented today analyses the process with which 7000 are to be resettled for the Kosovo lignite mine and concludes that the World Bank-financed process does not comply with the bank’s own standards and is plagued by a slew of other weaknesses.
Read moreEBRD suspends loan for Romanian coal plant Turceni
30 January, 2015
Bucharest — The European Bank for Reconstruction and Development (EBRD) confirmed this week that it has suspended plans to finance the refurbishment of the Turceni coal power plant in Romania. The project is currently subject to a number of legal challenges on environmental grounds and Romanian authorities are investigating allegations of corruption at the plant.
Read moreEIB set to weaken transparency standards
27 January, 2015
Brussels — One week before the European Investment Bank’s board of directors is expected to approve the bank’s new transparency policy, 13 civil society groups* monitoring the EIB warn that, as it stands, the draft policy amounts to a weakening of the already dismal transparency standards of the EU’s house bank.
Read moreCroatians say no to coal in referendum
26 January, 2015
Zagreb – Inhabitants of the city of Ploče on the Croatian coast overwhelmingly rejected a plan to build an 800 MW coal plant in their town in a referendum taking place over the weekend. The vote raises questions about the acceptability of other coal projects planned in the country, including the controversial Plomin C.
Read moreCitizens of Romanian town protest against EBRD long-term “strategic” client Kronospan
23 January, 2015
Protests against a new Kronospan formaldehyde plant in the Romanian town of Sebes continue into their third week. Their history dates more than ten years back when the company came to modernise the local plant with financing from the European Bank for Reconstruction and Development. The ongoing demands for breathable air cast a shadow over the EBRD’s promises of sustainable development and transition.
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