European development bank’s new fossil fuels pledge falls short of aligning with the Paris Agreement
2 July, 2021
The governors of the European Bank for Reconstruction and Development (EBRD), representing 69 shareholder governments as well as the EU and the European Investment Bank, decided yesterday the Bank will decrease its support for the fossil fuels industry.
Read moreSecret Chinese deal on Bosnia-Herzegovina coal plant must be urgently stopped, say NGOs
30 June, 2021
Environmental organizations have today expressed concerns and called on the Government of Republika Srpska to clearly explain what is happening with the Ugljevik 3 coal power plant and to urgently cancel the concession for the project.
Read moreEstonia barely scratches the surface on green recovery
30 June, 2021
Estonia’s recovery and resilience plan was one of the last to be submitted to the European Commission. Yet despite the extra time it took authorities to develop, the plan is based on an incomplete vision of a green recovery which completely ignores the issues of biodiversity and nature protection.
Read moreCivil society wishes on the EBRD’s 30th birthday: shut the fossil fuels party
29 June, 2021
People around the world are already feeling the brunt of the climate crisis on an almost daily basis. Most governments accept we are in the midst of a global climate crisis, including those controlling the European Bank for Reconstruction and Development (EBRD). And yet, Bankwatch’s recent analysis shows that during 2019-2020, the EBRD has awarded the fossil fuels industry more than USD 2 million every day on average. Two million dollars. Every single day.
Read moreSerbia: key national plan risks cementing coal dependence
29 June, 2021
The Serbian government’s 15-year national Spatial Plan is so keen to stick to business-as-usual it is openly ignoring some of the country’s most pressing issues to justify plans for six new fossil fuel-based power plants. Belgrade also doesn’t appear to care much about what Serbia’s neighbour to the east thinks regarding the implications these disastrous plans would have for them.
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