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Home > News

News

Divesting from coal is not ideology but climate science – a reminder for the EBRD

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May 14, 2013 | Read more

The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch’s EBRD campaign team to react.

[Campaign update] EBRD still not withdrawing from damaging Ombla hydropower project, NGOs call on bank to heed new evidence

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May 13, 2013 | Read more

Despite having a slew of good reasons not to support the damaging Ombla hydropower plan in Croatia, the European Bank for Reconstruction and Development still didn’t confirm during recent meetings that it would withdraw from the project.

Fair treatment is a long time coming at Serbia’s Kolubara lignite mine

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May 13, 2013 | Read more

People from the Kolubara mine basin in Serbia have many stories to tell about the hardships they face due to the lignite mining operations. Serbian Bankwatcher Nikola Perusic adds his account to two stories in the guardian and in Bankwatch Mail 56.

No end in sight for EBRD coal finance

May 10, 2013 | Read more

Istanbul – With the 2013 EBRD annual meetings underway and in spite of repeated commitments to sustainability, the bank is set to continue financing coal projects that will dangerously aggravate climate change.

Public action: Croatian coal power plant besieged by 680 bodies

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May 10, 2013 | Read more

Yesterday, Green Action/Zelena Akcija, Greenpeace and Green Istria staged a spooky public action to raise attention for the findings of a new study that predicts approximately 17 early deaths annually due to the planned new 500 MW unit at the Plomin coal power plant in Croatia.

Guest post: Development banks and the Arab Spring, new report takes stock

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May 6, 2013 | Read more

A new report takes a critical look at the engagement of European development banks in Egypt after the popular uprisings in the Middle East and North African region. This article appeared originally on the Counter Balance blog and has been shortened and slightly edited.

Ukraine’s Nukes Are in Breach of UN Convention

April 22, 2013 | Read more

Kiev – Ukraine’s expansion of the lifetime of its old nuclear reactors is in breach of the UN Espoo Convention, ruled the body monitoring the implementation of this international agreement, because Kiev went ahead with the prolongation of the use of its old reactors without assessing the impact this may have on neighbouring countries.

Guest post: New studies fail to prove that the Ombla hydroplant is fit for EBRD financing

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April 22, 2013 | Read more

The EBRD’s involvement in the Ombla hydropower plant project has from the start been a story of insufficient scrutiny and cutting procedural corners, followed by an attempt to patch things up by commissioning a belated nature impact assessment. The assessment highlights the Ombla area’s natural importance and captures some of the harm that would be done by the dam, but fails to draw the right conclusions, says Jagoda Munic, President of Friends of the Earth International and Biodiversity Programme Co-ordinator at Zelena akcija/Friends of the Earth Croatia.

EBRD with disastrous start in Kosovo, European Parliament not amused

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April 19, 2013 | Read more

The European Parliament yesterday chastised the European Bank for Reconstruction and Development for its explicit interest in financing a new lignite-fired power plant in Kosovo. NGOs hope the bank will pay more attention to the Parliament than it did to civil society and energy experts so far.

European Parliament wants green energy, not coal, as part of Kosovo integration

April 19, 2013 | Read more

The European Parliament yesterday blasted the European Bank for Reconstruction and Development (EBRD) for considering financing of the planned USD 2 billion Kosova e Re lignite power plant near Pristina.

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