September 4, 2013 | Read more The European Bank for Reconstruction and Development lags behind other major international financial institutions that are moving away from supporting dirty energy projects.
August 29, 2013 | Read more Cohesion Policy decisions are heating up at national level while financial allocations for the period 2014-2020 have been published this week.
August 28, 2013 | Read more As part of the consultation on its energy sector strategy the EBRD next week hosts public meetings in Istanbul, Belgrade and Moscow to discuss with civil society from its countries of operation. While public pressure is increasing to end coal financing it is important to note that restrictions to carbon-intensive investments must be strictly and clearly defined in the strategy document if they are to improve the EBRD’s climate impact. An article from Bankwatch’s 2012 annual report (pdf) illustrates how a too flexible approach allows the EBRD to greenwash also very dirty investments.
August 26, 2013 | Read more On Monday Polish NGOs Client Earth, Workshop for all Beings, Greenpeace, WWF and local community group Eco-Kociewie petitioned the General Director of Environmental Protection to cancel the environmental impact assessment permit for the Polnoc Power Plant in northern Poland.
August 15, 2013 | Read more There is a big long list of technical jargon attached to the programming documents of the EU funds for the 2014-2020 funding period – enough to fill an entire blog post on its own. But you will be relieved to read that, in the context of Latvia’s ongoing negotiations as to how we will spend our future EU budget money, I will focus on only one of these items. It may be a bit of a mouthful, but it is what it says it is – only in Latvia, as environmental NGOs are discovering, what should be a safeguard for the environment appears to have gone missing.
August 14, 2013 | Read more In case you missed it, the tectonic plates just shifted in the world of international financial institution (IFI) energy lending.
August 1, 2013 | Read more For the last couple of years, we have been calling on the European Investment Bank to drop coal lending. Finally, we’re starting to see some results.
July 29, 2013 | Read more Montenegrin NGOs Green Home and MANS have today sharply criticised Montenegrin government plans to choose a strategic partner for the EUR 300 million, 220 MW Pljevlja II lignite power plant [1] without conducting a proper tender. Instead the government has stated that it plans to sign an intergovernmental agreement and enact a special law on the project [2], thus signalling, according to the groups, that it plans to use a loophole in the law to avoid a tender procedure. [3]
July 26, 2013 | Read more By putting too much trust in its client EPS, the EBRD failed to notice that an important grievance mechanism for villagers near the mine was not in place – for two years. [*]
July 24, 2013 | Read more Brussels — The European Investment Bank (EIB) announced today an energy policy that while introducing stringent criteria for financing coal power plants does not eliminate the possibility of support for coal or other fossil fuel energy sources.
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