Press release search results

Pulling the ‘cotton’ over Uzbek eyes at latest EBRD investment

26 January, 2021

On 27 January 2021 the EBRD expects its Board of Directors to approve a loan of USD 70 million to Indorama Agro for the development of the cotton farming sector in Uzbekistan.

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EIB needs fundamental reforms to back its sustainable finance plans

20 January, 2021

Following today’s annual press conference of the European Investment Bank (EIB), in which the Bank’s President Werner Hoyer, presented its role in supporting the EU’s response to the Covid-19 pandemic and the ensuing economic downturn in “smart and green” way, Bankwatch’s campaigners commented on the EIB’s sustainability track record and key deficiencies in the Bank’s policies that have been missing in President Hoyer’s statements today.

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‘Needle under a blanket’ at Belgrade waste project

18 January, 2021

Superficial cover up by the EBRD’s accountability mechanism of problems at Belgrade Solid Waste public-private partnership is followed by new request for problem solving.

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Serbia’s renewable energy law must prioritise both environmental and financial sustainability

13 January, 2021

As Serbia starts the development of a new renewable energy law, it needs to prevent more public money being used for environmentally damaging hydropower projects and make its incentives scheme more financially sustainable.

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EU state aid rules must finally end environmentally harmful subsidies for energy projects

12 January, 2021

As the European Commission reviews its Guidelines on State Aid for Environmental Protection and Energy, it must finally stop subsidies for activities contradicting EU climate and environment policies.

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