The cautionary tale of Montenegro’s emission trading scheme
6 June, 2022
In 2020, Montenegro received widespread praise for being the first Western Balkan country to introduce carbon pricing. Less than a year later, however, the scheme’s shortcomings were exposed. What can other Western Balkan countries learn from this experience?
Read moreEU recovery plans – a threat to nature
2 June, 2022
The European Commission has claimed that the Recovery and Resilience Facility (EUR 672.5 billion) will ensure a ‘green recovery’ throughout Europe. Yet not only is it failing to protect and restore nature, it will likely even increase harm to it, according to a new Bankwatch and EuroNatur report published today.
Read morePouring millions from empty into the void
30 May, 2022
EBRD and EIB investments in Bulgarian hydropower have once again been hit by scandal with the recent failure of the Chaira pumped storage plant and revelations about the illegality of small hydropower plants. The planned Yadenitsa dam would be more of the same: will the EBRD and EIB be wise enough to say no?
Read moreDubious COVID help: who keeps an eye on Czech state guarantees to big companies?
26 May, 2022
The Czech state-owned insurance company EGAP has secured a loan of CZK 2 billion from state COVID aid for Liberty Ostrava that is closely connected to Greensil, a company plagued by a corruption scandal.
Read moreThe solution to Romania’s energy poverty is decentralised, renewable energy
23 May, 2022
Over a third of Romania’s population is affected by energy poverty, but this can change with an integrated approach and targeted support.
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