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News

New report – deadly legal breaches by Western Balkan coal plants increased in 2022

June 28, 2023 | Read more

In 2022, deadly air pollution from the Western Balkans’ coal power plants increased compared to 2021, according to the fifth edition of Bankwatch’s Comply or Close report, published today (1). Emissions of all three regulated pollutants – sulphur dioxide (SO2), dust and nitrogen oxides (NOx) grew, and for the first time, the region’s overall limit for NOx was breached.

Hungary urgently needs a complete overhaul of its energy planning

June 27, 2023 | Read more

Hungary could escape the trap of fossil energy dependence with focused plans on energy transition and enhanced support for households.

Slovakia’s REPowerEU chapter is delivering, but focus needs to shift from big business to social organisations

June 27, 2023 | Read more

In April 2023, Slovakia submitted a request to the European Commission to update its recovery and resilience plan, which involves the addition of an REPowerEU chapter. But although the plan includes appropriate measures to improve the energy efficiency of buildings, it still gives the ‘green light’ to fossil gas boilers and nuclear-derived hydrogen, while prioritising the profits of large companies over social facilities for older persons and other vulnerable groups.

Serbia: Complaints over illegal operation of Morava coal power plant

June 23, 2023 | Read more

A complaint by the Renewables and Environmental Regulatory Institute (RERI) and CEE Bankwatch Network (1) challenging Serbia’s failure to comply with pollution control rules under the Energy Community Treaty was recorded yesterday by the the Energy Community Secretariat in Vienna (2).

Green light for major Black Sea gas project will accelerate the climate crisis

June 21, 2023 | Read more

Romania’s OMV-Petrom announced today its final investment decision on the Neptun Deep fossil gas project in the Black Sea. If built, this massive offshore development could be the final nail in the coffin for Romania’s—and the EU’s—commitments to stem the climate crisis.

EU Member States jeopardising economic recovery by locking citizens out of decision-making

June 20, 2023 | Read more

EU Member States are exacerbating economic inequality, eroding democracy and obstructing efforts to create a green, transformative European economy by marginalising citizens in decision-making, a new report by the Citizens’ Observatory for Green Deal Financing reveals (20 June).

Destruction of the Kakhovka dam: civil society calls on international community to respond to act of ecocide

June 15, 2023 | Read more

On 6 June 2023, Russian occupiers blew up the biggest dam in Ukraine. The destruction of the Kakhovka hydropower plant threatens huge environmental and humanitarian consequences for the south of Ukraine and the entire Black Sea region.

Estonia’s REPowerEU chapter: civil society excluded from decision-making on energy transition investments

June 7, 2023 | Read more

The European Commission has approved amendments to Estonia’s recovery and resilience plan and its newly added REPowerEU chapter. The country is determined to accelerate the energy transition, but more transparency is needed if it is to succeed.

EU funds fossil gas in Poland and Romania despite climate goals

June 6, 2023 | Read more

More than EUR 1.5 billion in EU funds has been provided to Poland and Romania for fossil gas projects since 2014. The two governments have earmarked even larger sums for the current EU budget period despite the bloc’s goals of reducing greenhouse gas emissions, according to a report released today by CEE Bankwatch Network.

Seven years after joining the EBRD’s Green Cities programme, is Yerevan’s green future going up in flames?

June 2, 2023 | Read more

In May 2023, a massive fire broke out at the Nubarashen landfill on the outskirts of Yerevan, enveloping the city in a cloud of toxic smoke generated by the burning waste. It took 10 days and 2,300 truckloads of soil to extinguish the flames. Coming seven years after Yerevan became a pioneer by joining the European Bank for Reconstruction and Development (EBRD)’s Green Cities initiative, this incident is a stark reminder of the urgent need to adopt a safer and more sustainable approach to waste management and urban planning.

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