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News

The Commission must stay strong on EU sustainable investment criteria as they become law

April 24, 2020 | Read more

As the European Commission moves to legislate on criteria regulating what can be defined as sustainable investments, Bankwatch warns that activities such as waste incineration, gas combustion and nuclear energy must not be allowed to sneak in at the last minute.

Wither the money: Czechia must make better use of EU funding to meet EU climate goals

April 22, 2020 | Read more

On 29 April the European Commission will unveil an updated proposal for the EU’s next long-term budget for 2021-2027, which makes it a good time to evaluate to what extent the current budget is contributing to decarbonisation efforts across Member States.

Fears revive in the villages of Shuakhevi as one of Georgia’s biggest hydropower plants starts operation

April 17, 2020 | Read more

Georgia’s Shuakhevi hydropower plant (HPP), which once promised to bring energy independence to the country but collapsed soon after becoming operational in 2017, has come back to life. But its return has not been welcome.

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.

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