January 27, 2022 | Read more As the EIB prepares to adopt a new environmental and social policy next week, an NGO complaint to the Bank’s Complaint Mechanism shows why the Bank’s standards for financial intermediaries urgently need to be tightened.
January 21, 2022 | Read more In 2021, the Bulgarian (interim) government announced that it had decided to transform the huge Maritza Iztok 2 coal-fired power plant into a steam-gas plant – (to replace 1.4 GW of coal capacity with a minimum of 1 GW of gas). The government has sought funding from the EU’s Recovery and Resilience Facility, the Modernisation Fund and other unnamed private sources.
January 21, 2022 | Read more Billions of euros earmarked for a green transformation and renewables may instead finance fossil gas and waste incineration. Fears are coming true that without transparent public oversight, the Modernisation Fund would become a pipeline for projects harmful to the climate and environment. The Polish example shows that investments banned from the Cohesion and recovery funds are moved to the Modernisation Fund.
January 20, 2022 | Read more Municipal court decision concluded that the Federation of Bosnia and Hercegovina (FBiH) indirectly discriminated against war returnees in Mostar South by choosing a new route of the Corridor Vc motorway without public consultations.
January 19, 2022 | Read more The Uzbek blogger who first raised these concerns was smeared, beaten, and now faces trial.
January 18, 2022 | Read more Republika of Srpska and China National Electric Engineering Corporation urged to follow.
January 13, 2022 | Read more This month, the new State aid Guidelines for climate, environmental protection and energy 2022 enter force. But with a surplus of loose formulations and flexible criteria, only with close public scrutiny can they support sustainable decarbonisation.
January 11, 2022 | Read more The earlier a country’s coal-phase out commitment, the higher its share of a Just Transition Fund for the Western Balkan countries, finds a model-based analysis by The Green Tank and CEE Bankwatch Network, published today.
January 10, 2022 | Read more The European Investment Bank (EIB) has suspended the disbursement of a EUR 200 million loan intended to facilitate a dramatic increase in passenger turnover at Hungary’s main international airport following an investigation by the Bank’s Complaints Mechanism that found that no analysis had been done to assess the air pollution, noise pollution and greenhouse gas emissions that the development would generate, in breach of the Bank’s own policy as well as EU environmental law.
December 22, 2021 | Read more The European Union’s next long term budget and recovery package is a generational opportunity to tackle the climate crisis and build resilient societies. Yet, a lack of transparency and unwillingness to engage stakeholders, firstly with the recovery plans and now the Cohesion Funds, threatens to imperil a bounceback instead of steering the European Green Deal.
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