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Home > News

News

City of Zagreb still playing with fire

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July 18, 2014 | Read more

Seasoned Bankwatch-watchers may recall our successful four-year campaign to stop the EBRD from financing a waste incinerator just outside Zagreb. Between 2005 and 2008, we supported Zelena akcija/Friends of the Earth Croatia and local group UZOR to prevent the City of Zagreb from building a huge 385 000 tonnes per year waste incinerator in Resnik on the outskirts of Croatia’s capital.

A Private Affair: Report shows how development finance institutions benefit the rich in Western countries

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July 11, 2014 | Read more

A new report shows how private western-based companies are benefiting from multilateral development banks’ support while governments and citizens in recipient countries are delegated to the sidelines.

Video: A mockumentary about biodiversity offsetting

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July 10, 2014 | Read more

Компенсация потерь биоразнообразия в Европейском Союзе станет осуществившейся мечтой для некоторых инвесторов и настоящим кошмаром для природы.

Video: A mockumentary about biodiversity offsetting

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July 10, 2014 | Read more

Biodiversity offsetting in the European Union would be a dream come true for some investors – and a nightmare for nature.

Cheap coal for Europe comes at high price for Ukrainian people

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July 9, 2014 | Read more

While Ukraine’s aging coal power infrastructure is causing pollution and energy loss in the country, coal-based electricity is exported at a dumping price to EU countries.

EBRD in Serbia: Don’t use floods to prop up coal

July 7, 2014 | Read more

The EBRD should stick to its newly approved Energy Strategy and reject any investments in the Serbian coal sector, argue a group of 7 international NGOs in a letter sent to the bank’s board of directors today. The groups were concerned with recent statements by the EBRD according to which the bank’s regional flood response in the Balkans could include “rehabilitation of (…) damaged power stations and transmission and distribution networks.”

Serbian government props up almighty coal

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July 2, 2014 | Read more

A new report by the Belgrade-based NGO CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions. Propping up the already dominant coal sector, however, will likely further increase Serbia’s vulnerability to extreme weather events. Increasing Serbia’s energy efficiency and renewables generation would be the wiser choice.

Massive EU infrastructure priority projects lack mandatory environmental assessment

June 26, 2014 | Read more

EU heads of state gathering today and tomorrow will discuss the European Energy Security Strategy promoting a number of massive infrastructure projects which include gas pipelines, LNG terminals and storage facilities even though their overall environmental impact has not been adequately assessed. Environmentalists are currently battling the European Commission over this issue in Court.

Will Georgia go green after EU association agreement?

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June 26, 2014 | Read more

On Friday Georgia will sign an association agreement with the European Union, meaning that our country will start cooperating more closely with the EU and even implement more European legislation. This is good news, particularly when it comes to the environment.

Expert proposals for Energy Community improvements are a promising step forward

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June 18, 2014 | Read more

South and eastern European member countries of the Energy Community may soon have to be much more ambitious about environmental standards in the energy sector. This is because the Energy Community, the body that aims to create a common energy market between the EU and some of its neighbours, may be about to introduce more of the EU environmental acquis into its Treaty.

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