[Campaign update*] Georgian government and investors reject Ombudsman’s offer to mediate in controversy over Khudoni mega dam
6 February, 2014
The growing antagonism between promoters of the Khudoni hydropower plant project in Georgia and their local opponents from Kaishi is unlikely to ease when the investor and the Georgian Ministry of Energy boycott mediation by Georgia’s Ombudsman.
Read moreEuropean Parliament criticises Serbia’s lack of progress on renewables
4 February, 2014
Facing criticism by the European Parliament of its progress on climate friendly energy sources, the Serbian government tells Bankwatch’s member group that the future of the country’s energy system is none of their business.
Read moreNew EBRD policy too weak on tax havens in development finance
3 February, 2014
Debt and finance watchdog Eurodad has analysed the EBRD’s new policy on domiciliation and explains how it does not take the bold steps needed to tackle the use of tax havens in development finance.
Read moreCharts: The two worlds of EIB climate action
3 February, 2014
Our analysis of the latest available lending figures from the European Investment Bank show a striking imbalance between what was invested towards climate adaptation and mitigation in old and new EU Member States.
Read moreGuest post: A Balkan lesson for coal investors
28 January, 2014
When Dr. Kim, President of the World Bank, and leaders of other international financial institutions ponder funding new coal power projects this year – like the one in Kosovo – there’s one word that should be seared into their memories: Sostanj.
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