Press release search results

Will the long-awaited bypass road pave the way to reconciliation?

15 November, 2018

Villagers in rural Olyanytsya, in central Ukraine, are hopeful that village life is about to become a lot more bearable. After putting up with intense heavy vehicle traffic from the industrial farming operations of agro-giant Mironivsky Hliboproduct (MHP) for years, the company has finally finished building a bypass road to divert traffic around residential areas.

Read more

---

Leaked World Bank report depicts Georgia’s Nenskra hydropower project as major liability

14 November, 2018

Successive international analyses have cast serious doubts over the financial viability of the planned Nenskra plant. While the Georgian government keeps the project’s contract confidential, a leaked World Bank report offers a scathing account of the fiscal implications of this hydropower development.

Read more

---

EIB to weaken accountability mechanism, despite civil society criticism

13 November, 2018

Brussels – In a step backwards for the EU bank’s transparency and accountability, the Board of Directors of the European Investment Bank (EIB) has approved a controversial new policy [1] of its Complaints Mechanism, a move that will take the bank further away from the communities affected by its operations – say NGOs.

Read more

---

EBRD confirms it will not finance New Kosovo coal plant

13 November, 2018

Following the World Bank’s recent statement [1] that it will not provide support for the 500 MW New Kosovo coal power plant, the EBRD has now followed suit by confirming that it is not considering support for the project.

Read more

---

Carbon sleight of hand continues at Czech coal giant

12 November, 2018

The quasi state-owned Czech energy company ČEZ is up to its old tricks again. It celebrates a 30 % reduction in emissions, praising the public free allowances, and conveniently forgets to link the drop in emissions with the sale of some of its largest power plants.

Read more

---