April 24, 2012 | Read more Brussels — Meeting today in the General Affairs Council, leaders of EU Member States have significantly watered down last year’s Commission proposal on greening the next Cohesion Policy 2014-2020 (1). Much of the power over how to spend EU regional funds is set to remain with national governments with only weak demands placed on the capitals over how to spend EU funds towards building a low-carbon European economy.
April 23, 2012 | Read more A new campaign video illustrates Europe’s self-absorbed approach to its energy policy outside Europe. (A blog entry Cross-posted from the Counter Balance blog.)
April 18, 2012 | Read more Poland’s application for free emission allowances is a disgrace to European climate goals. If granted, the country’s fossil fuel centred plans would mean a step back for Europe’s plans to decarbonise its energy sector.
April 18, 2012 | Read more With the decision to freeze the disbursement of a loan for the Šoštanj lignite power plant in Slovenia, the European Bank for Reconstruction and Development seemingly reacts to the many controversial points Bankwatch and other organisations have raised about the project.
April 18, 2012 | Read more Paris, 18 April 2012 — The European Bank for Reconstruction and Development (EBRD) announced that it is freezing the disbursement of the promised EUR 100 million loan for the construction of a new lignite block at thermal power plant TES 6 in Šoštanj, Slovenia. The decision by the EBRD comes after a group of Slovenian and international NGOs approached the EBRD asking for the bank to halt the loan until corruption allegations are investigated.(1)
April 16, 2012 | Read more One of this year’s winners of the Goldman Environmental Prize is Russian Khimki Forest defender Evgenia Chirikova, but the good news is being overshadowed by continued violence against other Khimki activists.
April 13, 2012 | Read more Belgrade – By the end of April, one hundred Roma families are expected to be illegally resettled from Belgrade neighbourhood Buvljak to several locations including Resnik, where current inhabitants are these days protesting against their arrival [1]. The resettlement is being carried out by Belgrade authorities without a proper resettlement plan or any consideration of the needs of the Roma and potential for inter-racial conflict [2]. The move is deemed necessary as part of the Sava Bridge and adjacent road construction, financed by the European Bank for Reconstruction and Development and the European Investment Bank respectively. [3]
April 12, 2012 | Read more Pressure is growing not only on international financial institutions but also on private banks to stop financing fossil fuels.
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:
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.
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