Hydropower vs. nature in southeast Europe: EBRD complicity in environmental crime?
31 October, 2011
Why is it that when we advocate for something to the international financial institutions (IFIs) they often manage to give it a peculiar twist of their own?
Read moreHaircuts for eurozone citizens? A closer look at the EFSF
27 October, 2011
The European Financial Stability Facility is a crucial element of eurozone leaders’ proposed solution to the debt crisis. But behind the shining EUR 1 trillion armour of the EFSF lurks an institution that could bring further mayhem as a closer look by Bankwatch’s alternative economics coordinator Roman Havlicek reveals.
Read moreNGOs call on the EBRD not to finance “high risk” underground HPP in Croatia
26 October, 2011
Zagreb — Croatian and international environmental organisations have today called on the European Bank for Reconstruction and Development (EBRD) not to go ahead with a planned EUR 123 million loan for the Ombla hydropower plant near Dubrovnik in Croatia, due to be approved by the bank’s Board of Directors on November 8. In an open letter to the bank, the organisations point to ecological, economic, and procedural problems with the plans, which even the consultants hired by the EBRD to assess the project have described as “high risk”.
Read moreThe art of sustainability is not to finance coal
20 October, 2011
Upset by Slovenia’s plans to build a huge lignite power plant unit in Sostanj, Slovenian artist Marko Kumer-Murc and Slovene environmentalists from Focus brought their protest to Brussels. Our media officer was on sight and brought back a few images.
Read moreEuropean Parliament makes a step towards putting the ‘E’ into EBRD
19 October, 2011
By requesting a number of changes at the European Bank for Reconstruction and Development, the European Parliament has confirmed at least some of Bankwatch’s criticism of the bank’s mode of operation and (in a subtle way) also its overall approach.
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