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News

Campaign asks UniCredit to ‘get out of coal’

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April 12, 2012 | Read more

Pressure is growing not only on international financial institutions but also on private banks to stop financing fossil fuels.

EBRD: New president – new direction for the bank?

April 2, 2012 | Read more

With the European Bank for Reconstruction and Development (EBRD) in the process of selecting a new president [1] as the term of current office holder Thomas Mirow approaches its end, CEE Bankwatch Network, an NGO that has been monitoring the EBRD for over a decade, makes a call on the bank’s shareholders and new president to reassess some of its past – faulty – approaches:

Yet another bail-out package? A comeback to ‘The Vienna Initiative and financial stability in emerging Europe’

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March 30, 2012 | Read more

The European Bank for Reconstruction and Development promotes the support for western European banks in central and eastern Europe although evidence for this initiative’s success is disputable at best.

Mining in protected areas, an update on Kumtor and Centerra Gold

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March 28, 2012 | Read more

Centerra Gold is being criticised for its activities in protected areas at the Kumtor gold mine and at another project in Mongolia. More lessons to be learnt for the European Bank for Reconstruction and Development.

Corporate largesse meets scepticism at World Water Forum

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March 21, 2012 | Read more

Criticism and protests around the World Water Forum have highlighted the risk of hydropower projects being greenwashed and the dangers these installations can pose to people and nature in many countries.

The two sides of reality – what the BTC pipeline means for the EBRD in north Africa

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March 19, 2012 | Read more

To illustrate its readiness to help Arab Spring countries, the European Bank for Reconstruction and Development draws on the Baku Tbilisi Ceyhan pipeline project as a positive example. Having closely followed the project, Manana Kochladze outlines why people in north Africa should be wary of what’s to come when the EBRD enters their countries.

Infrastructure in the developing world: does it need PPPs?

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March 14, 2012 | Read more

Public-private partnerships have garnered a lot of criticism but continue to be on the agenda of international development banks as a alternative way to finance infrastructure.

Poland rejects EU money for jobs and energy independence at Environment Council

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March 9, 2012 | Read more

Poland’s veto against increasing Europe’s 2020 target for greenhouse gas emissions cuts to 25% is frustrating not only environmentalists in Poland and elsewhere.

Ukraine’s risky nuclear future shouldn’t receive European support

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March 9, 2012 | Read more

Ukraine plans to extend the lifetimes of its fifteen nuclear reactors, most of which will soon pass their expiration date. A new report shows how these plans that are pursued in utter silence have seen only an inadequate assessment.

Bankwatch report: EU supports nuclear life time expansion in Ukraine

March 8, 2012 | Read more

Money from Euratom and the European Bank for Reconstruction and Development is to be used to finance the life time expansion of Ukrainian nuclear reactors, 12 of which had initially been scheduled to close down no later than 2020, according to an expert report published today by CEE Bankwatch Network.

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