December 22, 2012 | Read more Pristina – As Kosovo becomes the newest member of the European Bank for Reconstruction and Development today, civil society groups in the country tell the bank that it should exclude from the start any investments in coal and that it could have an enormous positive impact by supporting energy efficiency measures.
December 21, 2012 | Read more Ljubljana — The Slovenian parliament has ratified today – in an extraordinary session, right before the start of the Christmas holidays – the state guarantee contract between the European Investment Bank and the Slovenian government for a 440 million euros loan for the construction of a new coal unit at Sostanj.
December 14, 2012 | Read more Ulaanbaatar, Mongolia – Just one week after its grim warning during the UN climate talks in Doha that the world is on a path towards a four degree-rise in global temperatures, the World Bank is set to approve financing for yet another coal plant. The plant will power a giant mining complex in Mongolia’s South Gobi desert, fuelling climate change and violating the Bank’s own policies, argues a new analysis from advocacy groups.
December 11, 2012 | Read more Even with the latest investment plan for unit 6 at the Sostanj lignite power plant (TES 6), the project’s economics are (surprise, surprise) still distinctly shaky as an independent analysis shows. Nonetheless, the project looks ever more likely to get a state guarantee from the Slovene government.
December 7, 2012 | Read more A protest action held today in front of the EBRD office in Kiev by Greenpeace and Bankwatch highlighted the dangers of Ukraine’s plans to prolong the operations of its 15 nuclear reactors. The groups called on the European Bank for Reconstruction and Development (EBRD) to take safety more seriously than Ukrainian authorities and invest in decommissioning rather than lifetime extensions.
December 3, 2012 | Read more The European Investment Bank (EIB) is gearing up to pay 440 million euros to a new 600 MW lignite plant in Slovenia at a time when calls for an end to subsidies for fossil fuels are intensifying all over the world.
November 27, 2012 | Read more China has risen to become a major player in the dam building business these days, dominating the world market and appearing ever more frequently around these parts in central and eastern Europe (along with counterparts in other areas of the energy sector, notably coal – more about this on the blog in the coming weeks).
November 23, 2012 | Read more With todays collapse of negotiations at the EU budget summit in Brussels, environment groups CEE Bankwatch Network and Friends of the Earth Europe called on countries to focus their efforts on agreeing a deal in the new year that has quality EU spending [1] at the top of the agenda.
November 22, 2012 | Read more The EU budget summit, the much-anticipated showdown featuring Europe’s 27 member states, the European Parliament, the European Commission and European Council president Herman van Rompuy over how much EU funding – and for what – is to be spent in the 2014-20 budgetary period, is now on. And all the talk is of what exactly to wear to this event.
November 22, 2012 | Read more Brussels, November 22, 2012 – As European leaders gather in Brussels today for the EU budget summit, quality spending must be the focus of discussions if the future European budget is to tackle Europe’s environmental and economic crises, according to environment groups CEE Bankwatch Network, Friends of the Earth Europe and Transport & Environment.
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