July 25, 2022 | Read more In an attempt to end reliance on Russian gas, the European Commission is seeking to speed up renewable energy deployment. But its proposals threaten to erode decades of hard-won EU environmental and public consultation achievements.
July 22, 2022 | Read more Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower, leading to thousands losing their land and the potential extinction of Europe’s rarest cat. Will the US International Development Finance Corporation really consider financing Skavica?
July 21, 2022 | Read more With the energy transition well underway, and the end of the era of coal clearly on the horizon, biomass for heating is gradually becoming a favorite for governments in the Western Balkans and their financial partners. ‘Tree power’ might sound like the greenest kind of energy, but burning timber from forests to heat homes is anything but sustainable.
July 20, 2022 | Read more With the launch of its new development branch EIB Global, the European Investment Bank (EIB) has shown its appetite for becoming a significant player in the field of development finance. However, without a major change in the Bank’s management and the shareholders’ approach to the impacts of its operations, EIB Global will remain a public relations exercise and a lost cause.
July 13, 2022 | Read more Kosovo’s parliament is currently scrutinizing a new law on integrated pollution prevention and control. Its aim is positive – to tighten Kosovo’s standards. But as written now, it risks doing the opposite.
July 12, 2022 | Read more International financial institutions’ support for hydropower in Central Asia and Caucasus is fuel for environmental damage and human rights violations.
July 12, 2022 | Read more Bankwatch is a partner in the new Shared Green Deal project that will use innovative social experiments to support the objectives of the European Green Deal, involving local communities across Europe.
July 6, 2022 | Read more The future of the planned 450 MW Tuzla 7 lignite plant in Bosnia and Herzegovina is again in doubt after the country’s State Aid Council revoked its decision to approve a public guarantee for a EUR 614 million loan from China Eximbank last week, four years after the Council’s initial clearance.
June 27, 2022 | Read more While EU households and industry face months without heating, exorbitant energy bills and insecurity, EU funds are driving an increase in the demand for gas in the region, a Bankwatch analysis of Modernisation Fund spending shows.
June 24, 2022 | Read more Kosovo, almost entirely reliant on coal for its energy, has nevertheless been hard-hit by the ongoing energy crisis. What steps should the country take to address this, and at the same time end its reliance on fossil fuels?
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