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Use of public money to support Tuzla 7 coal power plant must be investigated, shows new complaint

September 25, 2018 | Read more

Sarajevo, Prague – Plans to use public money to guarantee a Chinese loan for the planned Tuzla 7 coal power plant could be illegal and need to be investigated by the Energy Community Secretariat, according to a formal complaint submitted to the regional body today by the Aarhus Resource Centre, Sarajevo, and CEE Bankwatch Network.

Six years later, a criminal investigation into illegal environment permits finally begins in Romania

September 13, 2018 | Read more

In 2012, almost one hundred permits were issued to Oltenia Energy Complex (OEC), allowing the company to cut down hectares of forest to make way for coal mines. The permits were issued illegally, however, as Bankwatch Romania proved in court over the past six years. After many lawsuits and complaints to the relevant authorities, a sign of progress came this summer when the Romanian Ministry for Environment informed criminal investigation bodies about this situation.

Serbia is mining away a green future

September 10, 2018 | Read more

Serbia’s notorious Drmno mine is rapidly expanding on Chinese loans, pushing the country towards high-carbon lock-in and a long-term debt.

The EU’s house bank obstructs climate action with continued fossil fuels spending and lacking investment in sustainable energy – new report

September 6, 2018 | Read more

Prague – A new Bankwatch analysis released today shows that in the years 2013-2017, the European Investment Bank (EIB) has invested EUR 18.4 billion in renewable energy projects in Europe and beyond, but at the same time handed out EUR 11.8 billion in EU public money to fossil fuels projects. The new report details a set of measures – including an unequivocal commitment to end support for fossil fuels – that can be introduced in the course of the upcoming review of the EIB’s energy strategy to ensure the world’s largest public lender facilitates the global effort to tackle the climate crisis, rather than hamper it.

5 benefits of engaging in a facilitated dialogue process: the case of Myronivsky Hliboproduct

August 10, 2018 | Read more

When both parties come to the table ready to participate in a meaningful way, a dispute resolution can serve as a valuable opportunity for companies, as well as the communities impacted by its operations.

The European Parliament resolution urges European financial institution to respect indigenous peoples rights

August 9, 2018 | Read more

Celebrate the rights of those 5 per cent who hold 80 per cent of the planet’s biodiversity. Today is the International Day of the World’s Indigenous Peoples.

Environmentalism and democracy on the rise in Albania

August 1, 2018 | Read more

Public participation is a prerequisite to functioning democracy. Environmental justice is crucial to sustainable development. But in Albania, a small, southeastern European country only recently emerging from decades-long, self-imposed isolation, democracy is still struggling to be born, and suffers from often being confused with unchecked capitalism.

Devastating floods are the latest warning sign about controversial Nenskra hydropower project

July 31, 2018 | Read more

From the outside, this tragedy might seem like a natural disaster, a force majeure. But one cannot ignore the human factors at play.

A tale of two communities successfully resisting the Balkan hydropower tsunami

July 31, 2018 | Read more

Two communities in central Bosnia have had reasons to celebrate within the last few weeks as they achieved major victories in their campaigns against small hydropower plants near Fojnica and Kruscica. Bankwatch joined them to see what lies behind their success.

In Kenya, a motorway funded by the European Investment Bank runs over roadside dwellers

July 30, 2018 | Read more

Children dropping out of school, trees cut, people living in fear of another wave of forced evictions – the European Investment Bank’s (EIB) project reveals the critical absence of human rights safeguards in the EU’s overseas development financing.

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