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NGOs urge EU bank to quit fossil fuels investments, as it touts its climate commitment at COP24

11 December, 2018

Brussels, Katowice, Prague – While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) still continues to fund climate damaging fossil fuel projects, having disbursed more than EUR 11.8 billion in fossil fuels projects since 2013 – point out NGOs in a new briefing [1].

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In Slovakia, a shining example of EU funds for renewables and families

11 December, 2018

There is a sad joke in Slovakia that the country could become a museum for renewable energy sources (RES). Not because the Slovak physicist Aurel Stodola invented in 1928 the world’s oldest heat pump that still powers Geneva’s city hall, but because of its antiquated energy policy that lacks systematic support for renewables at the local and national levels.

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Coal supplied by Hungary’s BAZ county mines to blame for growing air pollution

11 December, 2018

As new mines mushroom in Borsod-Abaúj-Zemplén (BAZ) county, Hungary, air pollution picks up the pace, our independent air monitoring shows. Authorities need to help people move towards cleaner heating systems and put an end to coal mining in the region.

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As human rights declaration turns 70, development banks have a ways to go to respect and protect rights defenders

10 December, 2018

Today 10 December marks the seventieth anniversary of the Universal Declaration of Human Rights. To coincide with this milestone, Bankwatch together with more than 200 organisations globally has called on international financiers [1] to ensure that these institutions support the realisation of human rights, avoid causing or contributing to rights abuses, promote an enabling environment for public participation, and safeguard rights defenders.

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EkoSvest calls on Macedonian government to move to more rational renewable energy support system

10 December, 2018

Environmental NGO Eko-svest has this week called on the Macedonian government not to continue subsidising new renewable energy plants through the guaranteed buy-off of electricity at a guaranteed price and to instead move to a more competitive system with lower costs for end consumers.

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