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News

Moving beyond oil shale in Estonia

April 15, 2020 | Read more

A new study commissioned by a coalition of NGOs including Bankwatch member Estonia Green Movement that analyzed the different European and Estonian funds in place or under development that could be useful for the transition, the existing plans Estonia has in place and policy recommendations from international best practises.

How to start a just transition in Gorj, Romania

April 14, 2020 | Read more

An assessment report by Bankwatch Romania in Gorj County, the largest carbon-intensive region in Romania, shows that coal mining and energy production from coal is already inefficient for the local economy.

Status update on the Nenskra hydropower plant project

April 9, 2020 | Read more

New comprehensive assessments of project alternatives, climate risks, and environmental and social impacts are necessary if the project will ever restart.

Ukrainian activists taken to court by longstanding EBRD client after sounding the alarm on impacts of planned wood processing factory

April 7, 2020 | Read more

Activists from the environmental NGO Ecoclub from Rivne, Ukraine are facing defamation charges after they raised warnings about a planned wood processing facility near the city. The group alerted the public to a host of potential negative environmental impacts the facility might have, which has started construction in the village of Horodok, in the Rivne region, in Ukraine’s northwest. 

Green Agenda for the Western Balkans – time to plan for a resilient and protective future

April 3, 2020 | Read more

The Green Agenda must be based on sustainable decarbonisation of the Western Balkans’ economies by 2050, in line with the Paris Climate Agreement and EU climate and energy policies. All countries need to commit to climate and energy targets by 2030, in line with the EU’s ambition.

Croatian hydropower plant highlights loopholes in EIB environmental policies

April 2, 2020 | Read more

The EIB-financed Ilovac hydropower plant was built on the river Kupa in north-west Croatia at around the same time as scientists established the existence of a new fish species there – Alburnus sava. Since the dam’s construction, the species has not been found at the site. Has Alburnus sava’s habitat been degraded for just 1.4 MW of installed power?

A dozen green deal steps for the new Slovak government

April 1, 2020 | Read more

With the appointment of a new centre-right government in Slovakia on 21 March, the Slovak Climate Initiative prepared a twelve point programme to move Slovakia closer to its climate and energy goals.

EU carbon tax: A much-needed nudge for decarbonisation in the Western Balkans?

March 30, 2020 | Read more

An EU consultation is currently ongoing on the plans to introduce a carbon border tax. Bankwatch sees this as an important opportunity to make sure Western Balkan electricity producers play by the rules when participating in the EU energy market.

Armenia breaks international agreement on biodiversity over gold mine funding, alleges complaint

March 30, 2020 | Read more

Yerevan – The Armenian government has jeopardised three natural sites slated for protection for their unique biodiversity by moving ahead with plans for the USD 426 million Amulsar gold mine, finds a new complaint filed at the Convention on the Conservation of European Wildlife and Natural Habitats, known as the ‘Bern Convention.’ 

Assessment of waste incineration capacities in the Upper Nitra region

Zevo Chotikov

March 26, 2020 | Read more

A new study commissioned by Friends of the Earth-CEPA and Bankwatch estimates that a planned waste incinerator in Novaky, Slovakia will not solve energy, climate or waste issues. According to the analysis, it will be almost impossible for the plant to meet supply quotas and new recycling targets. Considering the high level of CO2 emissions from waste incineration, this solution will furthermore continue to pollute the environment while also preventing Slovakia from investing in renewables.

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