Press release search results

Planned Gacko II lignite plant in Bosnia-Herzegovina likely to make losses, shows new analysis

12 April, 2018

Our colleagues from the Center for Environment from Banja Luka have today published a new analysis of the feasibility study for the planned Gacko II lignite power plant in Bosnia-Herzegovina, which shows that the new plant is likely to be unprofitable.

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Money flows, rivers dry

22 March, 2018

Erste, Sberbank and the EBRD have been fueling the destruction of 27 km of rivers in the region of Josanicka banja, on the borders of the Kopaonik National Park in Serbia. It is a stark warning how the future of the Balkans might look if uncontrolled investment continues.

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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.

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The 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.

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International 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.

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