December 5, 2019 | Read more Two out of three scenarios in the country’s groundbreaking draft Energy Strategy foresee a coal exit by 2025 – excellent news in a country traditionally dominated by coal-fired electricity. But the Strategy’s plans for hydropower are unrealistic, writes Nevena Smilevska.
December 4, 2019 | Read more More than a year after Salini Impregilo, a major construction company, mysteriously abandoned the Nenskra hydropower project before construction had even begun, new contractors are now said to have been hired to build Georgia’s biggest and most divisive hydropower project.
December 4, 2019 | Read more The Belgrade solid waste public-private partnership (PPP) has been plagued by legal irregularities and circumvented binding decision-making processes, finds a new analysis published today by CEE Bankwatch Network, Counter Balance and Zero Waste Europe.
December 2, 2019 | Read more Slovene bank NLB’s offer of a loan for the construction of the controversial Tuzla 7 coal power plant in Bosnia and Herzegovina poses serious risks to the bank and its shareholders due to a slew of legal and economic issues around the project, warned a group of non-governmental organisations in a letter to the bank today (1).
November 29, 2019 | Read more Long considered the standard-setters in the world of development finance, Multilateral Development Banks are now at an important junction. Europe’s development financiers must step up their accountability and commitment to protection of people and nature.
November 20, 2019 | Read more Commission president Ursula von der Leyen has clearly expressed political will to focus on climate and sustainability in EU finance and policy coherence. The announcement of the European Green Deal is a chance to make good on leading sustainability a substantial portion of European public finance: export credits.
November 18, 2019 | Read more The EBRD-financed Green Boulevard project in Belgrade, Serbia, has long attracted criticism from groups like Streets for Cyclists, who have pointed out that it will include no cycling lanes, and will slow down public transport by letting cars drive on the tram tracks. But now it is under construction, a whole new slew of problems have come up.
November 14, 2019 | Read more Brussels, Prague — Bankwatch, Counter Balance and a growing number of civil society groups have long been calling on the European Investment Bank (EIB), the EU’s house bank, to recognise the urgency of stemming the climate crisis and stop handing out public money to fossil fuel projects. Today, November 14, the bank’s Board of Directors adopted a new Energy Lending Policy that ends financing for most fossil fuels projects.
November 6, 2019 | Read more The geothermal power plant Akiira 1 in Kenya’s Nakuru county is planned to be built nearby the place the village of Lorropil used to stand until last Sunday.
October 31, 2019 | Read more Preparatory works for the construction of a new 450 MW coal unit Tuzla 7 are set to start on Friday, even as numerous controversies accompany the project, including an infringement case under the Energy Community Treaty.
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