October 25, 2021 | Read more Montenegro’s overdue coal phase-out should be taken as an opportunity to develop state-of-the-art heating in Pljevlja, which is entirely possible and economically viable, a new expert study commissioned by CEE Bankwatch Network shows.
October 21, 2021 | Read more The European Commission’s Directorate General for Energy is dragging its feet in answering allegations on its role in the selection of priority gas pipelines in the Western Balkans and Caucasus region. The delays threaten to diminish the chances of the Ombudsman’s findings being taken into account while developing new EU energy rules.
October 21, 2021 | Read more The European Investment Bank has financed a series of damaging hydropower projects since 2010 which underline the need to tighten its environmental and social standards, according to a new report published today by CEE Bankwatch Network and EuroNatur.
October 14, 2021 | Read more Our energy systems are a long way from alignment with the pathway to stay below a 1.5°C rise in global temperatures, according to the International Energy Agency (IEA) World Energy Outlook 2021 report published yesterday.
October 13, 2021 | Read more A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled multiple projects with devastating consequences for nature and communities with virtually zero accountability. The ongoing review of the EIB’s environmental and social standards is a crucial opportunity to ensure transparency and proper scrutiny of all projects supported with European public money.
October 12, 2021 | Read more The European Investment Bank (EIB) has long been seeking to take a more significant role in the EU’s overseas development effort. But it has also been resisting calls to upgrade its policy on the environmental, social and human rights ramifications of the projects it supports.
October 11, 2021 | Read more The expansion of Budapest’s Ferenc Liszt International Airport, financed by the European Investment Bank (EIB), illustrates how big infrastructure projects are promoted at the expense of people and the environment, ignoring EU environmental requirements and the EIB’s own environmental and social standards. However, what is most striking about this case is the fact that a project with EU financial support, has ended up trapping citizens in miserable lives only few are able to flee.
October 8, 2021 | Read more This week’s EU-Western Balkan summit in Slovenia in the end resulted in agreement on a long-awaited Action Plan for the Green Agenda for the Western Balkans. But the climate and environment emergencies will not be solved by ‘indicative timeframes’.
October 5, 2021 | Read more In late September the Office for Auditing Institutions in the Federation of Bosnia and Herzegovina confirmed what everyone already knew: That the body responsible for renewable energy incentives has been out of control for years. The question is, what will be done about it?
September 21, 2021 | Read more More than a third of the European Investment Bank (EIB)’s EU lending is carried out via intermediaries. Yet most of this money disappears into a black hole, with no information published about the final beneficiaries and no checks by the EIB about their environmental and social impacts. The EIB’s new safeguard framework is supposed to address this, but the draft text leaves the Bank far behind its peers.
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