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EU budget’s climate potential at risk in eastern Europe – new data

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November 18, 2013 | Read more

Brussels, Belgium – Ahead of anticipated final agreement in the European Parliament this week (Tuesday November 19) on the forthcoming EU budget (for the period 2014-2020), CEE Bankwatch Network and Friends of the Earth Europe have today published data that shows how eight central and eastern European countries are failing to tap the climate potential of future EU billions.

Information is crucial – Villagers in the way of infrastructure in Ukraine need early support

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November 15, 2013 | Read more

The European Bank for Reconstruction and Development helped solve conflicts between locals and Ukrainian state company Ukrenergo about an EBRD financed transmission line. On close inspection, the case illustrates that without close monitoring and support for local communities, it is left to chance and locals’ dedication that conflicts are being noticed in the first place.

Banking on Coal – Undermining our climate. NGOs reveal top 20 international banks financing the coal mining industry

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November 15, 2013 | Read more

Coal is the single greatest source of CO2 emissions endangering our climate. Yet never before has so much coal been mined on the planet as today. Since 2000, global coal production has grown by 70% and has now reached a staggering 7.9 billion tons annually. And what’s more, the industry is still expanding. Who on earth is financing the enormous production increases of the world’s dirtiest fossil fuel?

Funny business as usual in the Czech Republic – one of the biggest fines in EU funds history handed out to Prague metro project

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November 13, 2013 | Read more

The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances.

Cough4Coal: New campaign video sets the scene for climate negotiations in Poland

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November 4, 2013 | Read more

A promotional video for an upcoming climate protest in Warsaw draws attention to the negative influence that coal has on our health and that coal businesses will have on the global climate negotiations.

Turkey pushes dirty coal despite solar potential second only to Spain

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November 4, 2013 | Read more

Istanbul — Following a fact finding mission to the Turkish Black Sea Coast, Bankwatch and Greenpeace Mediterranean publish a paper outlining some of the controversial aspects surrounding Turkish coal power plant plans in the Black Sea region.

Same old, same old – No signs yet that Bulgaria is getting real about how to spend its future EU budget money

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October 31, 2013 | Read more

With less than three months to go until the 2014-2020 EU budgetary period gets underway, a Bulgarian Partnership Agreement is being discussed with the European Commission – but the less said about it the better. In the spirit, though, of a country where a shake of the head means ‘Yes’, we have chosen to spill the beans at some length on where familiar mistakes are being taken, and where they may lead.

EU-backed energy projects will harm people and the environment in the Western Balkans

October 30, 2013 | Read more

Brussels – NGOs from across the region are expressing very serious concerns about the list of 35 priority energy projects approved by the European Commission-backed Energy Community meeting in Belgrade, Serbia, last Thursday. The decision to support projects that are in conflict with EU environment goals and climate goals has seriously dented the EU’s credibility as a positive force for the protection of the environment and people’s health in the Western Balkans, say the NGOs.

How embarrassing: EBRD transparency ranked ‘poorest’ among multilaterals

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October 29, 2013 | Read more

As the European Bank for Reconstruction and Development revises its safeguard policies, the Aid Transparency Index ranks its commitment to openness and transparency as the weakest in comparison with similar institutions.

Guest post: EBRD financed Ukrainian agribusiness causes local insecurities

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October 28, 2013 | Read more

Environmental groups in Ukraine have highlighted the negative local impacts of one of the biggest agribusinesses in the country, MHP, that is in line to receive additional credit by the European Bank for Reconstruction and Development.

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