Setting precedent, EU bank to drop all fossil fuels funding beyond 2020
26 July, 2019
Prague, Brussels – The European Investment Bank, the house bank of the EU, is proposing to end financing for all fossil fuels beyond 2020, becoming the first multilateral financial institution to make such a commitment in line with the Paris Agreement.
Read moreThird time’s a charm? New attempts to sell off unprofitable Czech coal plant in Turkey
25 July, 2019
The Turkish state fund TMSF opened a new round of bidding for the troubled Adularya coal power plant only two weeks after a second unsuccessful attempt to sell the project. The move is unexpected because this third round preempts statements by the Czech Minister of Industry and Trade, which had said it planned a visit to Ankara to understand why the tender failed for the project that has been plagued by legal challenges.
Read moreBelgrade incinerator: Serbia to be a dumping ground for outdated technology?
22 July, 2019
The Serbian Ministry of Environment recently published the environmental assessment for the planned Vinča waste incinerator for public consultation. But the study shows no sign that the new plant would be in line with new EU pollution control standards approved in June.
Read moreAhead of Asia Infrastructure Investment Bank meeting in Luxembourg, over 89 000 petition bank to drop Nenskra dam project in Georgia
12 July, 2019
Luxembourg, Prague, Tbilisi – Representatives from the “Stop Nenskra” campaign [1] showed up in Luxembourg at the Asia Infrastructure Investment Bank (AIIB) annual meeting on July 12th and delivered a petition to the international development banks calling them on not to finance the Nenskra hydropower plant project [2] in Svaneti, Georgia.
Read moreSlovak government approves Just Transition plan for Upper Nitra
3 July, 2019
The Slovak government is today approving a plan for Upper Nitra’s transition away from coal, which was created based on inputs from the local community.
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