December 13, 2013 | Read more At a closer look the EBRD’s new energy strategy, complimented for the restrictions it places on coal lending, reveals a shocking lack of operational knowledge to implement the ambitions outlined in its executive summary.
December 10, 2013 | Read more The European Bank for Reconstruction and Development (EBRD) approved today during a vote of its Board of Directors a new Energy Strategy. The document is meant to give guidance on how to strategically use the bank’s resources over the next years to promote energy security and affordability and avoid dangerous climate change.
December 9, 2013 | Read more The European Bank for Reconstruction and Development has been approving financing for coal projects over which corruption allegations loom, and in some cases even while official corruption investigations were underway, according to an analysis published by CEE Bankwatch Network today.
December 6, 2013 | Read more With only a few weeks to go now until final crucial decisions are taken that will determine Hungary’s EU spending plans for the next seven years, Bankwatch’s Hungarian member group MTVSZ decided last week that it was about time the Hungarian government got its house in order when it comes to beneficial EU allocations for cutting domestic energy bills, stimulating the Hungarian economy and fighting climate change.
December 4, 2013 | Read more On November 28, the state nuclear regulator of Ukraine (SNRIU) allowed the continued operation of unit 1 of the South Ukrainian nuclear power plant (SUNPP-1) until December 2, 2023 – 10 years beyond its technically designed lifetime. The decision not only constitutes a breach of national regulation, but also disregards an unresolved case of non-compliance with the UN Espoo Convention. All this while Energoatom is in an increasingly tight financial situation.
December 3, 2013 | Read more Is the EBRD deliberately dragging its feet on publishing investigation reports on large hydropower plants in Georgia, Macedonia and Croatia?
November 25, 2013 | Read more Adding to the ongoing febrile atmosphere in the country, Egypt’s military-backed authorities just yesterday passed a controversial new law that imposes draconian restrictions on public protest. Meanwhile, in recent weeks the European Bank for Reconstruction and Development has reconfirmed its intention to remain active in the country – despite a number of serious doubts still hanging over its potential impact.
November 25, 2013 | Read more Bucharest — As the China – Central and Eastern European Countries summit gets underway today in Bucharest, NGOs from across the CEE region have written to Chinese Premier Li Keqiang calling on him to support renewable energy and energy efficiency investments, instead of the series of coal projects currently planned across eastern and south-east Europe.
November 22, 2013 | Read more United in spirit with yesterday’s blog post on the European Bank for Reconstruction and Development’s coal lending, Visar Azemi from the Kosovo Civil Society Consortium for Sustainable Development calls on the UK government to not support the Kosova e Re lignite power plant via the World Bank and make its promise to end overseas coal financing a reality.
November 21, 2013 | Read more Today, Bankwatch joined other organisations walking out of Warsaw Climate Conference. Under the Polish government’s leadership the talks have utterly failed to address the urgency of the situation. Targets have been unambitious, the interests of the fossil fuel industry have been allowed to dominate the discussions, and there is no new financing on the table for climate mitigation and adaptation. This conference has lost credibility in the fight against climate change.
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