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Bypassing responsibility

8 August, 2011

The complaints office at the European Bank for Reconstruction and Development has agreed to investigate a complaint from Bankwatch that a railway project in Georgia has not been properly assessed. Georgian Bankwatcher Dato Chipashvili thinks the case should be a lesson for the EBRD to make sure that from the start local people have their say in how projects are done.

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Why not do the obvious and use the EU bugdet for energy efficiency?

4 August, 2011

As discussions intensify about the future European Union budget, Bankwatch’s Czech energy campaigner outlines how spending EU money on energy efficiency promises better economic, social and environmental returns than the prevailing consensus about big infrastructure projects.

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EBRD Board of Directors must face responsibility for long-term partner EPS’ wrongdoings

25 July, 2011

Belgrade – Today, over 70 protesters from the Vreoci community is gathering in front of the Belgrade EBRD offices to protest abusive practices by state-owned Elektroprivreda Srbija (EPS), in London, the bank’s Board of Directors is congratulating itself for another profitable deal with the energy company. The EBRD cannot continue to brush off responsibility for corruption acts and human rights abuses committed by their long-term business partner.

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Energoatom director confirms EBRD money will support nuclear lifespan expansion

22 July, 2011

The “Ukrainian NPP Safety Upgrade Package Program” currently under consideration for financing by the EBRD, will enable the lifespan expansion of old Soviet-time nuclear reactors, confirmed Gennady Sazonov, project and investment director of the production company Atomproektinzhynirynh, speaking during the first public consultations on the draft ecological assessment of the programme that was held in Kiev early this week.

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EBRD should not condone illegal resettlements and corruption by investing in Kolubara

21 July, 2011

Belgrade – Next week, the EBRD is deciding whether to invest 80 million Euros in the Kolubara „environmental improvement” project in Serbia. With the help of this money, state-owned Elektroprivreda Srbija (EPS) will expand lignite production in Serbia at the cost of forcefully resettling local communities. CEKOR and CEE Bankwatch Network urge the EBRD to rethink this investment.

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