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News

A false solution to a real problem?

June 14, 2019 | Read more

New research by Bankwatch shows energy and climate plans (NECPs) in 7 CEE countries over-rely on unsustainable biomass to reach their renewable energy objectives.

New opportunities for eastern Europe if the EU’s bank ramps up climate ambition and quits fossil fuels

June 13, 2019 | Read more

Ahead of the European Investment Bank’s annual governors’ meeting, several EU’s finance ministers put forward a joint non-paper “Climate for the future of Europe” with an idea to transform the EIB: make green financing its top priority and promote investments in energy and climate transition. The right initiative risks failing if not supported by the majority of the bank’s shareholders, in particular by the eastern states that wrongfully fear that EIB’s increasing ambition in climate finance will unfavorably impact the bank’s presence in their countries.

Just Transition plan for Slovak coal region Upper Nitra to be aproved today

June 12, 2019 | Read more

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

In Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year

June 10, 2019 | Read more

For immediate release. Prague, Tbilisi – A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report broadcast on 8 June by the national television station Rustavi 2 [1].

Money for nothing: Ugljevik III coal concession must be cancelled, not bought off

June 7, 2019 | Read more

After years of speculation about the Ugljevik III coal power project in Bosnia-Herzegovina, this week’s news is that the government wants to buy off Comsar Energy’s concession. Yet if the company hasn’t fulfilled the conditions from the contract, why should it be rewarded?

Protests at pan-European motorway project as time runs out for key wildlife site

June 5, 2019 | Read more

Dozens of activists from across Europe have protested and dropped a banner at an international road in Kresna gorge, Bulgaria, to protest against the lack of action from the European Commission and the Bulgarian government to save the key EU-protected wildlife site.

New study finds climate and energy plans at odds with EU targets for circular economy and emissions reductions

June 5, 2019 | Read more

For immediate release – Five countries in central and eastern Europe all plan a variety of waste incineration methods in their national energy and climate plans (NECPs), jeopardising their ability to meet mandatory European targets aimed at improving recycling rates, fostering a circular economy and reducing greenhouse gas emissions in the sector, finds a new report from CEE Bankwatch Network.

Taking the chill off Romania’s residential buildings

June 4, 2019 | Read more

Energy efficiency is taking centre stage in the Energy Union. Last summer, after long negotiations between the Parliament and the Council, a new energy efficiency target was set at 32.5 per cent by 2030. To meet the target, Romania is channelling public funds into renovating its residential sector which accounts for as much as 86 per cent of the country’s built environment.

Bosnia-Herzegovina: Environmental permit for Buk Bijela hydropower plant cancelled

May 30, 2019 | Read more

The Banja Luka District Court has cancelled the environmental permit for the planned 93 MW Buk Bijela hydropower plant on the river Drina in Bosnia-Herzegovina, the Aarhus Resource Center in Sarajevo has announced today, following the court’s positive 13 May ruling on the Center’s complaint.

EU enlargement reports show increased concerns on Chinese financing and hydropower sustainability

May 30, 2019 | Read more

This year’s EU Enlargement Package reiterates a slew of unresolved problems from previous years in the Western Balkans, but gives increased prominence to China’s role in the region and the and the need to reign in uncontrolled hydropower development.

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