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News

EBRD should not invest in Polish energy company suspected of corruption, say European NGOs

September 17, 2012 | Read more

Warsaw – The European Bank for Reconstruction and Development is considering participating in a EUR 772 million loan for a subsidiary of major Polish energy group ENEA, whose management is currently being investigated by authorities because of alleged irregularities in management and misuse of public funds.

Another case of alleged corruption in a CEE energy company

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September 17, 2012 | Read more

Alleged corruption at Poland’s second biggest state-owned energy company ENEA S.A. may compromise yet another project financed by European public banks.

No Half Measures: Investment Needs in Energy Efficiency and Renewables in Central and Eastern Europe

September 13, 2012 | Read more

Brussels — At least 172 billion euros need to be invested in energy efficiency and renewables in central and eastern Europe over the next seven years to kick start the decarbonisation of the region and create hundreds of thousands of much needed jobs, shows a study published today by CEE Bankwatch Network [1]. The next EU budget (2014-2020) could contribute to these needs if current short-sighted attempts by some member states to cut the overall size of the budget are prevented.

Another success against Czech incineration, government in blissful ignorance

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August 29, 2012 | Read more

The putting on hold (for now) of another waste incinerator project confirms a negative assessment of the Czech Republic’s performance in waste management. And still, the Czech government fails to grasp that the only properly sustainable way forward is investment in recycling and waste reduction.

Money lost, safety postponed: On the mismanagement in Ukraine’s energy sector

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August 23, 2012 | Read more

A recent audit showed that Ukraine lacks good management at least as much as finances to reform its energy sector. EU money is meanwhile siding with a tainted company.

The devil in the details: Europe’s low-carbon economy dream

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August 17, 2012 | Read more

The increasing popularity of a ‘low-carbon economy’ rhetoric calls for robust assessments of the carbon intensity of EU funded projects. Otherwise the potential that lies in the concept may get diluted by conflicting interests.

What goes around, comes around: Portugal’s debt boomerangs back on public-private partnerships

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August 10, 2012 | Read more

Europe’s anti-crisis measures include efforts to increase private investments in public infrastructure. Yet, a backlash against public-private partnerships in Portugal is a warning against putting too much faith in this approach.

Spot the difference: Alstom in Indonesia and Slovenia

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July 31, 2012 | Read more

The company hired to build a new unit at the Sostanj lignite power plant is involved in strikingly similar corruption cases across continents.

Don’t let facts get in the way of a good EBRD Roma headline

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July 26, 2012 | Read more

The EBRD’s claims it has helped turn Serbia into a “role model for social inclusion of Roma” ring hollow in light of the plethora of abuses of Romas’ rights in other cases in Serbia.

A threatened growth package

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July 20, 2012 | Read more

Shifting gears from the austerity years, EU leaders recently proposed injecting EUR 120 billion into the European economy.

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