Statement by Bankwatch’s Executive Director on the shrinking space for civil society in Georgia, Kyrgyzstan and other EBRD’s countries of operation
13 May, 2024
With the recent adoption of the “foreign representatives” law in Kyrgyzstan and a similar “foreign influence” bill awaiting final approval in the Georgian parliament, civic space continues to shrink in the EBRD’s countries of operations.
Read moreDestroying while rebuilding: Flawed hydro project set for Polish just transition region needs a rethink
7 May, 2024
Eastern Wielkopolska, one of Poland’s just transition regions, urgently needs to repair the damage caused by decades of lignite mining. One controversial hydrological project slated for the region aims to flood open pits and stabilise water levels. But while these measures appear to be positive steps towards making amends, the environmental impacts of the project have not been assessed, which is likely to result in a number of unintended and damaging consequences.
Read moreMore than money: New report reveals shortcomings in human rights policies of leading public development banks
6 May, 2024
As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.
Read moreEBRD approves EUR 98.6 loan for disputed fossil gas mega pipeline in North Macedonia
25 April, 2024
The European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR 98.6 million loan for a fossil gas pipeline that would allow North Macedonia to increase its gas consumption by three to six times compared to 2021, its highest-consuming year so far. (1)
Read moreLatvia considers a risky nuclear energy development path
24 April, 2024
Latvia already has a relatively high level of renewable energy production and, with many new wind and solar energy projects on the way, the country is not far from providing all the energy needed for its local consumption in annual terms. The greatest challenge remains ensuring a stable, balanced energy system. However, instead of planning for a 100 per cent renewables-based energy mix, the government has sparked a controversy by considering nuclear energy, a costly solution that would delay the transition.
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