Mounting pressure to revoke permit for the planned thermal power plant Ugljevik III
21 March, 2018
In contrast to the global trend of decreasing coal from the energy mix, the Western Balkan countries are stubbornly planning a whole fleet of new lignite plants, most of which are plagued by breaches of environmental laws. The latest case in point is the planned 600MW Ugljevik III.
Read moreThe EU’s flagship project lacks climate assessment
16 March, 2018
While the EU portrays itself as a leader of the Paris Agreement, its financial arm – the European Investment Bank (EIB) – approves another loan to the controversial Southern Gas Corridor project without proper climate impact assessments.
Read moreInternational banks fuelling a hydropower tsunami that’s decimating pristine Balkan rivers – study
16 March, 2018
Radolfzell, Vienna, Prague – Multilateral development banks have supported no fewer than 82 hydropower projects across southeast Europe, including in protected areas, according to a study by CEE Bankwatch Network released today.
Read moreControversial Turkish-Azerbaijani gas pipeline gets major EU loan
15 March, 2018
Today the board of directors of the European Investment Bank (EIB) green-lighted a EUR 932 million loan to the Trans Anatolian gas pipeline (TANAP), the Turkish section of the Southern Gas Corridor, a month after handing out the largest ever fossil fuels loan to the western section of the same project.
Read moreWay off track in Riga, as controversial EU-funded tram project plows ahead
7 March, 2018
Business interests continue to overshadow public concerns with regards to the dubious €100-million tram project in Riga.
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