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Change the lending, not the climate

2 December, 2009

Bankwatch’s new report on the EIB’s fossil-heavy energy lending between 2002 and 2008 comes one week before the crunch global climate talks in Copenhagen, in preparation for which the international financial institutions have been flexing their rhetorical muscles.

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Concerns mount over cyanide rush in Bulgarian mining projects, European Commission urged to intervene

1 December, 2009

Two Bankwatch groups and the members of the Cyanide Free Bulgaria coalition outlined today at a press conference in Sofia the ongoing problematic issues hanging over the proposed introduction of controversial cyanide leaching at the Chelopech mining project and with the Bulgarian government’s handling of the environmental procedures for wider use of cyanide in mining projects across the country.

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Violations at EBRD power lines project spark clashes between police and villagers in Ukraine

18 November, 2009

A project financed by the European Bank for Reconstruction and Development (EBRD) in the Odessa region of Ukraine has this week been the scene of clashes between 300 police officers and villagers resisting the routing of high voltage power lines through their village. The EUR 25.8 million Odessa High Voltage Grid Upgrade project is being implemented by Ukraine’s national electricity company Ukrenergo in violation of agreements with the EBRD, the international public development bank and backer of the project.

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Via Baltica – Another landmark victory for Polands nature, environmentalists remain vigilant

21 October, 2009

Last night’s decision by the Polish Council of Ministers on a new routing for the Via Baltica expressway [1]has been welcomed by campaigners from CEE Bankwatch Network, BirdLife International, OTOP – BirdLife Poland and other environmental groups as major progress for the conservation of Poland’s unique nature and represents a significant step in the right direction towards the proper implementation of Polish and European environmental legislation.

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New ‘homes’ in Serbian temporary settlements are still far from acceptable

20 October, 2009

On 31 August 2009 the inhabitants of the Gazela informal settlement in Belgrade were resettled to temporary accommodation at four sites outside of Belgrade. After a visit conducted by partner group CEKOR in September which found a number of important issues needing to be addressed, Bankwatch carried out a follow-up fact-finding mission on 6-8 October 2009.

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