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News

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.

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.

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