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News

More billions for fossil fuels overshadows European development bank’s climate pledges

An sculpture of Botero's venus in front of an office building in London.

December 11, 2017 | Read more

Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.

Energy lending at the EBRD: Fossil fuels up, renewables down

A road sign with an arrow pointing in opposite directions.

December 11, 2017 | Read more

What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?

An experiment with EU funded sustainable transport

Image: A sign on a train window shows that bike racks are available for commuters.

December 5, 2017 | Read more

A train ride offers time for reflecting on how the EU budget can be put to use for the common good.

Price tag of Georgia’s Nenskra dam goes through the roof

A dam construction visible between tall green mountains in Georgia.

December 4, 2017 | Read more

New information reveals the disproportionate price that Georgia’s government guarantees to pay for electricity from the Nenskra dam. The increasingly unfavourable economics strengthen calls to finally make the project’s contract publicly available.

Between TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline

A man walking between trees away from the camera.

November 30, 2017 | Read more

Interviews in Albania revealed a barrage of complaints about how the Trans-Adriatic Pipeline has been treating farmers affected by the mega gas project that may soon receive a record loan from the European Investment Bank.

Rushed loan approval for Tuzla 7 coal plant, but project far from ready

A panorama view of the Tuzla lignite power plant in Bosnia-Herzegovina.

November 28, 2017 | Read more

The China Exim bank and Bosnian power utility Elektroprivreda BIH yesterday signed a massive loan agreement for the Tuzla 7 lignite power plant – a project that would have dire health, economic and climate repercussions.

Silesian coal – a quiet exit

November 27, 2017 | Read more

In Upper Silesia, Poland’s main coal region, it is difficult to find anyone who still believes that coal has a future. The region needs help in dealing with the environmental fallout from decades of a coal-centred economy and a platform to debate and define its destiny.

Europe’s murky Eastern energy deals

November 24, 2017 | Read more

Millions of euros in public money are being invested in large infrastructure projects in the EU’s eastern neighbours in total disregard for Europe’s climate goals, and local communities, writes Manana Kochladze.

Race to the bottom: dire air quality worsens as BiH government mulls new coal plant at Tuzla

November 22, 2017 | Read more

The results of our independent air pollution monitoring are in, and the situation is just getting worse while the government plans even more coal power.

A growing menace in Ukraine as proposed loan to agribusiness giant adds to conflict

November 21, 2017 | Read more

The European Bank for Reconstruction and Development will decide next week on another loan of USD 25 million for Myronivsky Hliboproduct (MHP), in spite of repeated attempts by locals to reign in the impacts wrought by MHP.

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