EBRD investments in Ukrainian agro-giant MHP under investigation
2 February, 2023
After years of community complaints about the environmental and social damage caused by Ukrainian agro-giant Myronivsky Hliboprodukt (MHP), independent investigators are now looking into the role of international public finance in contributing to those harms. Considering the current food crisis, Ukraine’s important role in the global food supply chain and the prospect of more international investments to prop up Ukraine’s economy, it is time for financiers to learn the lessons of their past mistakes.
Read more369 million euros of North Macedonia’s public money going up in smoke
30 January, 2023
North Macedonia’s government, through the state-owned energy production company AD ESM, has spent hundreds of millions of euros on imports of coal, heavy oil and fossil gas to keep the country’s fragile energy system going during the energy crisis. The result is a significant increase in emissions of air pollutants and serious damage to the environment and public health.
Read moreSolar-powered district heating is the breath of fresh air Pljevlja residents deserve
25 January, 2023
Speeding up investments in a sustainable district heating system powered by solar energy would not only help cut greenhouse gas emissions and heating bills; it would actually save lives.
Read moreHow many elephants does it take to build a gas pipeline?
23 January, 2023
In October 2022, the EBRD published no fewer than eight environmental and social assessments on the Greece – North Macedonia fossil gas pipeline for public consultation. Thousands of pages analyse every nook and cranny along the planned route, but fail to notice the elephant in the room: the project’s massive greenhouse gas emissions.
Read moreRomania U-turns on decarbonisation to expand a lignite mine in Gorj and wipe out 106 hectares of forest
13 January, 2023
The Romanian government is again acting contrary to its EU commitments.
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