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Guest post: New report shows that New Kosovo Power Plant would worsen poverty and cripple a fragile economy

12 January, 2016

No-one will ‘freeze to death’ if the planned lignite-fired power plant in Kosovo does not receive support from multilateral development banks, but if it does, low-income households may well end up choosing between electricity and food. How can an institution, whose very mission is to end poverty, justify this project?

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Success: 391 hectares of Romanian forest saved in 2015

11 January, 2016

With one more positive court decision just before the end of the year, Bankwatch Romania had a lot to celebrate in 2015.

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Health reports confirmed widespread over-exposure to toxic arsenic at Tsumeb smelter in Namibia

22 December, 2015

Following Bankwatch’s revelations about toxic pollutants at the Tsumeb smelter in Namibia, the smelter’s owner, Canadian mining company Dundee Precious Metals (DPM), contested our findings in Namibian news reports. Without substantiating its claims with facts, however, and in light of the results of local health surveys the company’s reassurances ring hollow and meaningless.

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Romanian court rejects environmental permit, halting destruction of 159 hectares of forests and putting breaks on coal mining expansion

11 December, 2015

Bucharest – A Bucharest court yesterday annulled the environment permit for the felling of another 159 hectares of forest in Gorj country, effectively preventing the expansion of the Roșia lignite mine.

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New Bankwatch study: European “green energy” funding for hydropower threatens pristine Balkan rivers

11 December, 2015

Radolfzell, Vienna, Prague – A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans, finds a new study by CEE Bankwatch Network released today.

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