Renewables boost much-needed, but weakening of environmental safeguards inexcusable
12 September, 2023
The European Parliament plenary today approved an updated Renewable Energy Directive setting a new renewable target of 42.5 per cent by 2030. The changes give a much-needed boost to small-scale solar and heat pumps, but undermine existing environmental legislation. Some renewables will be allowed to skip crucial environmental assessments and more damaging projects will be allowed in the EU’s protected natural areas.
Read moreComplaint filed against EBRD: labour rights violations, land grabs and exploitation at cotton producer Indorama Agro in Uzbekistan
5 September, 2023
On 3 August 2023, Uzbek Forum for Human Rights (Uzbek Forum), assisted by Bankwatch Network, filed a complaint with the Independent Project Accountability Mechanism (IPAM) of the European Bank for Reconstruction and Development (EBRD) for human rights violations at Indorama Agro, one of Uzbekistan’s largest cotton producers.
Read moreIs this development? Public development banks must rethink their investments and put local communities first
4 September, 2023
On 4 to 6 September, the world’s public development banks will gather for the Finance in Common Summit in Cartagena, Colombia. They’ll be discussing key development issues – from climate change to infrastructure – issues that affect the lives of millions of people around the world. Bankwatch is on the ground to expose the adverse impacts of investments made by development banks and advocates for meaningful community participation in decision-making on development projects.
Read moreCivil society calls on public development banks to overhaul their approach to development
4 September, 2023
As a member of the Coalition for Human Rights in Development, Bankwatch has joined civil society organisations and human rights defenders from over 20 countries in calling for immediate and effective action from public development banks.
Read moreRomania’s fossil fuel-driven district heating plans are holding back a sustainable energy transition
23 August, 2023
A measure intended to replace Romania’s coal-fired plants with highly efficient combined heat and power (CHP) for use in district heating systems is slated for funding under Romania’s national recovery and resilience plan.
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