The public is still paying, hydropower operators are still profiting
27 January, 2021
More than a year after Bankwatch revealed the scale of hydropower subsidies in the Western Balkans, progress in eliminating environmentally harmful aid is still slow.
Read morePulling the ‘cotton’ over Uzbek eyes at latest EBRD investment
26 January, 2021
On 27 January 2021 the EBRD expects its Board of Directors to approve a loan of USD 70 million to Indorama Agro for the development of the cotton farming sector in Uzbekistan.
Read moreEIB needs fundamental reforms to back its sustainable finance plans
20 January, 2021
Following today’s annual press conference of the European Investment Bank (EIB), in which the Bank’s President Werner Hoyer, presented its role in supporting the EU’s response to the Covid-19 pandemic and the ensuing economic downturn in “smart and green” way, Bankwatch’s campaigners commented on the EIB’s sustainability track record and key deficiencies in the Bank’s policies that have been missing in President Hoyer’s statements today.
Read more‘Needle under a blanket’ at Belgrade waste project
18 January, 2021
Superficial cover up by the EBRD’s accountability mechanism of problems at Belgrade Solid Waste public-private partnership is followed by new request for problem solving.
Read moreSerbia’s renewable energy law must prioritise both environmental and financial sustainability
13 January, 2021
As Serbia starts the development of a new renewable energy law, it needs to prevent more public money being used for environmentally damaging hydropower projects and make its incentives scheme more financially sustainable.
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