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.
October 28, 2019 | Read more Prague, Belgrade – The European Investment Bank (EIB) has refrained from financing the planned Vinča municipal waste incinerator in Belgrade, Serbia, according to a letter sent to the Ne Davimo Beograd initiative that campaigns against the project.
October 23, 2019 | Read more Bucharest – A Bucharest court blocked the expansion of Rosia, the largest coal mine in Romania located in Gorj county, following a legal challenge to the mine’s environmental permit lodged by Bankwatch Romania.
October 21, 2019 | Read more In late September, as part of the Global Climate Strike, an estimated 7.6 million people took to the streets to demand climate action. In central and eastern Europe, this mobilization likely signals important momentum, not least about the prospects of an energy transitions in each of the countries.
October 17, 2019 | Read more According to draft conclusions of the European Council, EU leaders meeting today and tomorrow look forward to a proposal from the European Commission to establish a Just Transition Fund.
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