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Western Balkans: EUR 3.5 billion gas build-out poses economic, energy security risks and threatens green transition

30 March, 2023

Prague, Czech Republic – Plans for EUR 3.5 billion of new gas-fired power plants, pipelines, and liquefied natural gas (LNG) terminals in the Western Balkans would force countries to import far more gas than they have in the past, introducing economic and energy security risks into the region’s already challenging energy transition, finds new research from Global Energy Monitor and Bankwatch.

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Kosovo becomes the first Western Balkan country to stop promoting new hydropower

28 March, 2023

After years of hydropower-related controversies, Kosovo’s long-awaited new Energy Strategy confirms that the government does not support new development in the sector, due to its environmental impacts. It also sends promising signals on carbon pricing and solar and wind development. Still, the country needs to avoid wasting money on coal and gas.

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Activists call on EU to better protect nature from energy infrastructure in the Western Balkans, Ukraine, Georgia and Moldova

14 March, 2023

60 civil society organisations have sent a joint letter to the EU Commissioner for Environment, Virginijus Sinkevičius, calling on the EU to better protect nature during energy infrastructure development under the Energy Community Treaty (1).

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The unexplained backtracking of the EBRD and Tbilisi City Hall: why did they keep the contract with a Russian company?

13 March, 2023

The European Bank for Reconstruction and Development (EBRD) is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from a Russian company, Metrowagonmash. The company is part of Transmashholding, whose shareholders – Russian oligarchs Iskander Makhmudov and Andrey Bokarev – are closely linked with the Kremlin and its defence industry. Metrowagonmash’s sister company is also reportedly providing engines for Russian warships. 

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EBRD funds channelled to Kremlin affiliates: Why the purchase of Tbilisi metro cars from a Russian company should not proceed as planned

13 March, 2023

The European Bank for Reconstruction and Development is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from Russian company Metrowagonmash. But Metrowagonmash is not just any Russian company.

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