EIB moves to curb intermediated hydropower financing
29 July, 2022
The EU’s house bank has recently updated its exclusion list, a document detailing what kind of projects it will not finance. This finally closes a long-standing loophole allowing ill-suited intermediaries to finance hydropower projects.
Read moreNew report: Southeast Europe hydropower investment risks are high and rising
27 July, 2022
Greenfield large hydropower investments across southeast Europe (1) face major risks and low realisation rates, according to a new report by CEE Bankwatch, EuroNatur, Riverwatch and WWF Adria published today, which also highlights nine high-risk project cases (2).
Read moreRiding roughshod over EU environmental and public consultation rules risks boomerang effect for renewables development
25 July, 2022
In an attempt to end reliance on Russian gas, the European Commission is seeking to speed up renewable energy deployment. But its proposals threaten to erode decades of hard-won EU environmental and public consultation achievements.
Read moreSkavica Dam — the last thing Albania needs
22 July, 2022
Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower, leading to thousands losing their land and the potential extinction of Europe’s rarest cat. Will the US International Development Finance Corporation really consider financing Skavica?
Read moreReplacing coal with forest biomass for heating is a dangerous green mirage
21 July, 2022
With the energy transition well underway, and the end of the era of coal clearly on the horizon, biomass for heating is gradually becoming a favorite for governments in the Western Balkans and their financial partners. ‘Tree power’ might sound like the greenest kind of energy, but burning timber from forests to heat homes is anything but sustainable.
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