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News

Setting precedent, EU bank to drop all fossil fuels funding beyond 2020

July 26, 2019 | Read more

Prague, Brussels – The European Investment Bank, the house bank of the EU, is proposing to end financing for all fossil fuels beyond 2020, becoming the first multilateral financial institution to make such a commitment in line with the Paris Agreement.

Third time’s a charm? New attempts to sell off unprofitable Czech coal plant in Turkey

July 25, 2019 | Read more

The Turkish state fund TMSF opened a new round of bidding for the troubled Adularya coal power plant only two weeks after a second unsuccessful attempt to sell the project. The move is unexpected because this third round preempts statements by the Czech Minister of Industry and Trade, which had said it planned a visit to Ankara to understand why the tender failed for the project that has been plagued by legal challenges.

Belgrade incinerator: Serbia to be a dumping ground for outdated technology?

July 22, 2019 | Read more

The Serbian Ministry of Environment recently published the environmental assessment for the planned Vinča waste incinerator for public consultation. But the study shows no sign that the new plant would be in line with new EU pollution control standards approved in June.

Ahead of Asia Infrastructure Investment Bank meeting in Luxembourg, over 89 000 petition bank to drop Nenskra dam project in Georgia

July 12, 2019 | Read more

Luxembourg, Prague, Tbilisi – Representatives from the “Stop Nenskra” campaign [1] showed up in Luxembourg at the Asia Infrastructure Investment Bank (AIIB) annual meeting on July 12th and delivered a petition to the international development banks calling them on not to finance the Nenskra hydropower plant project [2] in Svaneti, Georgia.

Slovak government approves Just Transition plan for Upper Nitra

July 3, 2019 | Read more

The Slovak government is today approving a plan for Upper Nitra’s transition away from coal, which was created based on inputs from the local community.

North Macedonia: Complaint challenges unfair subsidy advantages for hydropower

July 1, 2019 | Read more

North Macedonia’s renewable energy incentives scheme unfairly advantages small hydropower plants over other energy sources, shows a complaint submitted to the Energy Community [1] today by environmental groups Eko-Svest and CEE Bankwatch Network.

Independent data highlights air pollution crisis in Tuzla, Bosnia and Herzegovina

June 25, 2019 | Read more

Dust pollution in Tuzla, Bosnia and Herzegovina, has been twice the legal limit on two thirds of monitored days in 2018 and caused over one hundred premature deaths in adults during the year, according to independent new data published today in the report Lifting the Smog [1] by CEE Bankwatch Network, the Health and Environment Alliance – HEAL and the Center for Ecology and Energy in Bosnia and Herzegovina.

Bankwatch statement on the EU’s 2050 climate neutrality goal and central and eastern European country positions

June 20, 2019 | Read more

“With Germany now backing the EU’s 2050 carbon neutrality goal, all eyes are on Poland and other countries of central and eastern Europe that have to date refused to back this target because of their reliance on coal.

Racing against the clock: Kenyan villagers under imminent threat of eviction by project under EU’s bank’s appraisal

June 19, 2019 | Read more

Today’s European Development Days forum in Brussels with its aspirational motto ‘building a world which leaves no one behind’ is an ironic backdrop to what is happening in the remote parts of Kenya, where a whole community is facing a threat of forced eviction by a project under appraisal of the EU’s own house bank. About a hundred people were demanded to abandon their homes by tomorrow – 20 June.

Commission calls for higher ambition from central and eastern Europe in energy and climate plans

June 18, 2019 | Read more

For immediate release. Brussels, Prague – Ahead of Thursday’s European Council summit where the EU’s long-term climate targets will take centre stage, the Commission has released an assessment of Member States’ national energy and climate plans (NECPs) and is pressing countries of central and eastern Europe (CEE) to do more so that Europe can meet its 2050 net-zero emissions objective.

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