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News

Statement on the European Parliament ITRE Committee vote

April 15, 2015 | Read more

CEE Bankwatch Network, Friends of the Earth Europe and Counter Balance welcome yesterday’s vote to earmark EUR 5 billion for energy savings projects across Europe by the Parliament’s Industry, Research and Energy Committee (ITRE). The funds were allocated via an amendment to the European Fund for Strategic Investment regulation proposed by Commission president Juncker in December 2014. The vote also requires that any energy infrastructure project financed from the EUR 315 billion investment plan be in line with Europe’s long term energy and climate targets for 2050.

Development Banks Urged to Review Support for Mekong Dams, 10 Years After Nam Theun 2

April 1, 2015 | Read more

Amsterdam/Bangkok/Manila/Prague/Tokyo – Non-governmental organizations are calling on the World Bank, Asian Development Bank (ADB) and European Investment Bank (EIB) to publicly acknowledge the millions of dollars of failed investment in their flagship project, Nam Theun 2. This 1070 MW dam has failed to bring intended development benefits, and instead has unleashed a range of negative impacts on the affected populations in central Laos.

94 percent against new coal power plant in Croatian local referendum

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March 30, 2015 | Read more

Labin, Croatia – 94 percent of voters have today rejected the proposed new 500 MW Plomin C coal power plant [1] in a local referendum in Croatia. Residents of five districts of Istria County answered a resounding ‘No’ to the question “Are you in favour of building the Plomin C power plant to run on coal?”

Local initiatives champion sustainability and resilience in central and eastern Europe

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March 26, 2015 | Read more

A new website with inspiring stories of local sustainable initiatives shows the very real change that small-scale projects can make for local communities.

Exhibition brings coal-affected communities in Colombia and Croatia a step closer together

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March 24, 2015 | Read more

A photo exhibition in Croatia is connecting the dots between communities in Colombia and the Istrian coast that are negatively affected by coal.

[Campaign update] 92 percent of public consultation respondents against Plomin C coal power plant

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March 24, 2015 | Read more

Almost all respondants to a consultation on the Plomin power plant do not want a new unit running on coal.

Western Balkans electricity plans: where will all that power go?

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March 23, 2015 | Read more

Western Balkan countries have ambitious plans to increase their electricity generation over the next years. But what will happen if they all become a regional energy hub? Will there be a demand for all the available electricity?

Statement: EU trade secrets directive threat to free speech, health, environment and worker mobility

March 20, 2015 | Read more

Multi-sectoral civil society coalition calls for greater protections for consumers, journalists, whistleblowers, researchers and workers We strongly oppose the hasty push by the European Commission and Council for a new European Union (EU) directive on trade secrets because it contains: An unreasonably broad definition of “trade secrets” that enables almost anything within a company to be deemed as such;

Bankwatch statement on today’s EU Council decision about the ‘Energy Union’

March 19, 2015 | Read more

Europe’s leaders have failed today to live up to their commitments and make the EU’s energy future more sustainable. The Commission’s ‘Energy Union’ strategy endorsed today by EU Heads of States prioritises new fossil fuel infrastructure at the expense of investments into energy savings and clean energy sources.

Electricity export ambitions may prove risky for Western Balkans, shows new study

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March 19, 2015 | Read more

The Western Balkans countries have strong electricity export ambitions that create the danger of stranded assets, finds a new report launched by CEE Bankwatch Network today. If governments take electricity expansion decisions without taking due account of developments in other countries, the region will have to compete with other nearby exporters and may find that its power plants become uneconomic.

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