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Home > News

News

The public is still paying, hydropower operators are still profiting

January 27, 2021 | Read more

More than a year after Bankwatch revealed the scale of hydropower subsidies in the Western Balkans, progress in eliminating environmentally harmful aid is still slow.

Pulling the ‘cotton’ over Uzbek eyes at latest EBRD investment

January 26, 2021 | Read more

On 27 January 2021 the EBRD expects its Board of Directors to approve a loan of USD 70 million to Indorama Agro for the development of the cotton farming sector in Uzbekistan.

EIB needs fundamental reforms to back its sustainable finance plans

January 20, 2021 | Read more

Following today’s annual press conference of the European Investment Bank (EIB), in which the Bank’s President Werner Hoyer, presented its role in supporting the EU’s response to the Covid-19 pandemic and the ensuing economic downturn in “smart and green” way, Bankwatch’s campaigners commented on the EIB’s sustainability track record and key deficiencies in the Bank’s policies that have been missing in President Hoyer’s statements today.

‘Needle under a blanket’ at Belgrade waste project

Click to read: Another success against Czech incinceration ...

January 18, 2021 | Read more

Superficial cover up by the EBRD’s accountability mechanism of problems at Belgrade Solid Waste public-private partnership is followed by new request for problem solving.

Serbia’s renewable energy law must prioritise both environmental and financial sustainability

January 13, 2021 | Read more

As Serbia starts the development of a new renewable energy law, it needs to prevent more public money being used for environmentally damaging hydropower projects and make its incentives scheme more financially sustainable.

EU state aid rules must finally end environmentally harmful subsidies for energy projects

January 12, 2021 | Read more

As the European Commission reviews its Guidelines on State Aid for Environmental Protection and Energy, it must finally stop subsidies for activities contradicting EU climate and environment policies.

Runners raise the alarm about air pollution from coal power during inaugural Lung Run

December 22, 2020 | Read more

One of the leading reasons for the extremely polluted air are the outdated and substandard coal-fired power plants in the region. The 16 plants operating in the Western Balkan countries emit as much sulphur dioxide and dust pollution as the entire fleet of coal plants in the EU.

Time to end the damaging cycle of land, surface and groundwater pollution in Tuzla

In a panorama view smoke and steam is coming out of the towers of a coal power plant.

December 21, 2020 | Read more

There are few things one can be sure of in life, but the constant anxiety communities near Bosnia-Herzegovina’s Tuzla power plant experience is one of them.

EU Ombudsman launches investigation into financing of Europe’s largest fossil fuels project

December 17, 2020 | Read more

The European Investment Bank (EIB) has dangerously downplayed the contribution of the controversial Southern Gas Corridor to the unfolding climate crisis, according to a complaint that prompted the European Ombudsman to open a formal inquiry.

EC must heed Ombudsman’s warning on gas gaffe beyond the EU

December 16, 2020 | Read more

Every two years, under the TEN-E Regulation, the European Commission selects a list of energy infrastructure projects as so-called Projects of Common Interest (PCIs), which receive privileged access to public financing. 

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