Press release search results

Rural communities in Ukraine bearing the brunt of unchecked agribusiness expansion, say two new reports

14 September, 2015

Residents in Ukraine’s southwest are facing environmental decline, intimidation and deteriorating quality of life as a result of the rapid emergence of Europe’s largest poultry farm, finds a report released today by CEE Bankwatch Network. Owned by Mironivski Hliboproduct (MHP), Ukraine’s biggest poultry producer, the Vinnytsia project has been enjoying hefty support from Europe’s public financial institutes and the World Bank, and plans to double the facility’s size are only likely to exacerbate its social and environmental impacts, shows another report released today by the Centre for Research on Multinational Corporations (SOMO).

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Russian environmental organisation forced to choose between ‘foreign agent’ label and shutdown

11 September, 2015

Yuzhno-Sakhalinsk, Russia – Sakhalin Environment Watch (SEW), Bankwatch member group in Russia’s far east, has been ordered by the Russian authorities to register itself as a ‘foreign agent’. The group rejects claims it is engaged in any political activity, and intends to contest the decision. If the decision is not repealed, the group will consider shutting down.

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Slovakia and the Energy Union: Financing for fossil fuels

10 September, 2015

Similar to what we have seen in other countries, when it comes to concrete projects in Slovakia the Energy Union proposals are so far to a much larger extent aiming at security of (gas) supply than they are at decarbonisation.

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Crédit Agricole violating own coal policies with new Croatian power plant support – new report

10 September, 2015

French bank Crédit Agricole’s support for a proposed major new coal plant project in Croatia is inconsistent with the bank’s climate ambitions and its own sector policy on coal-fired power plants, according to a new study released today. The analysis, by Friends of the Earth France and Croatia, Zelena Istra, CEE Bankwatch Network and BankTrack, screens the risks of the 500 megawatt Plomin C project proposed for development in the picturesque Istrian peninsula, a popular international tourist destination.

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[Campaign update] Romanian government support for controversial power plant project to be made public, EBRD loan cancelled

9 September, 2015

Bankwatch’s Romanian chapter has been granted access to environmental information included in a letter sent by Romania’s Ministry of Economy in support of a loan from the Euoprean Bank for Reconstruction and Development (EBRD) to Oltenia Energy Complex (OEC), Bucharest’s administrative court ruled yesterday. The letter will shed light on the nature and extent of the government’s support for the project, and whether it was in line with EU regulations.

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