June 29, 2021 | Read more People around the world are already feeling the brunt of the climate crisis on an almost daily basis. Most governments accept we are in the midst of a global climate crisis, including those controlling the European Bank for Reconstruction and Development (EBRD). And yet, Bankwatch’s recent analysis shows that during 2019-2020, the EBRD has awarded the fossil fuels industry more than USD 2 million every day on average. Two million dollars. Every single day.
June 29, 2021 | Read more The Serbian government’s 15-year national Spatial Plan is so keen to stick to business-as-usual it is openly ignoring some of the country’s most pressing issues to justify plans for six new fossil fuel-based power plants. Belgrade also doesn’t appear to care much about what Serbia’s neighbour to the east thinks regarding the implications these disastrous plans would have for them.
June 21, 2021 | Read more The European Bank for Reconstruction and Development has struggled to prevent the billions of euros it lends each year from supporting autocratic regimes, finds a new report from civil society groups released on the eve of the bank’s thirtieth annual shareholder meeting.
June 17, 2021 | Read more The European Commission has released its first assessments of how Member States plan to spend from EUR 672 billion Recovery and Resilience Facility, and Bankwatch urges the Commission to ensure that commitments for spending on climate and biodiversity protection are met before the plans are approved.
June 17, 2021 | Read more If official communication about the coal phaseout is any indication about how proper the process will be, we have reason to worry. Over the past weeks, the Romanian government first said they would phase out coal, then came back to say they don’t actually mean all of it.
June 14, 2021 | Read more On paper, civil society in Uzbekistan seems to be thriving – but officials are hiding its problems behind manipulated data.
June 10, 2021 | Read more Calls to curtail the expansion of fossil gas infrastructure are mounting, and on Friday (11 June) EU energy ministers have a chance to ensure Europe’s cross-border energy infrastructure is in line with the leadership role it has taken in the global effort to stem the climate crisis
June 2, 2021 | Read more Although the Hungarian recovery and resilience plan has undergone major changes since its first draft, it is still far from ensuring a green and just recovery. Despite MTVSZ / Friends of the Earth Hungary’s proposals, the final version leaves households alone in their efforts to improve energy efficiency and fails to propose easily-achievable biodiversity measures. If small modifications are made during the EU-level approval process, the plan could be improved considerably.
May 31, 2021 | Read more Several EU states plan to use the EUR 672 billion Recovery and Resilience Facility to expand fossil gas infrastructure using loopholes in the fund’s regulations. These proposals do not comply with objectives of the European Green Deal and recent recommendations from the International Energy Agency to end funding for fossil fuels, warns CEE Bankwatch Network.
May 26, 2021 | Read more Earlier this week, Serbian media announced that plans for the new 350 MW Kolubara B coal power plant have been halted. This is a strong demonstration of political will as the Ministry for Mining and Energy seeks to steer the country towards energy transition. Several more courageous moves will be needed to cement this path and make sure no-one is left behind.
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