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News

Ukraine’s addiction to nuclear energy poses a decades-long threat to Europe

February 2, 2017 | Read more

Despite an urgent need to rebuild and reshape its highly inefficient and outdated energy sector, Ukraine has recently presented a draft of its new energy strategy that looks more like of the same. While the strategy makes mention of modern renewable en

Destructive hydropower project in Macedonia loses its only source of funding

Stuffed lynx "staging a demonstration".

January 23, 2017 | Read more

Skopje, Prague – After a five years long campaign, Eko-svest, Front 21/42 and CEE Bankwatch Network welcome the cancellation of a EUR 65 million loan from the European Bank for Reconstruction and Development (EBRD) intended for the Boškov Most hydropower project in Macedonia. As a result this controversial project is now highly unlikely to be realised.

[Campaign update] Pljevlja residents protest against air pollution

December 23, 2016 | Read more

Once again people from Pljevlja in northern Montenegro have taken to the streets to protest against the awful pollution that has been plaguing the town for years. Supported by NGOs Ozon and Green Home, the protest aimed to put pressure on the authoriti

World Bank’s controversial TANAP loan is bad news for human rights and climate action

December 21, 2016 | Read more

Yesterday, the World Bank’s board of directors approved two USD 400 million loans, to Azerbaijan and to Turkey, to develop the Trans Anatolian Pipeline (TANAP), the centrepiece of the Southern Gas Corridor project. CEE Bankwatch Network and Counter Balance are deeply concerned that the decision to channel such large amounts of money to Europe’s biggest fossil fuels project could exacerbate the already dismal human rights situation in both Azerbaijan and Turkey, and undermine the global efforts to tackle the climate crisis.

Call the chimney sweepers! Independent monitoring shows for first time true level of air pollution near coal plant in Serbia

December 20, 2016 | Read more

Smoke signals the coming of a polluted winter in Drmno, Serbia. Bankwatch’s independent air quality measurements show for the first time the alarming levels of dust particles near the Kostolac B power plant.

[Campaign update] World Bank non-compliant with its own resettlement policies in Kosovo

December 19, 2016 | Read more

The World Bank has this week published the Investigation Report of its Inspection Panel for the involuntary resettlement of residents in the village of Hade near Pristina in Kosovo. The investigation, undertaken following a complaint by current and for

Revealed: the EU’s flagship energy project is built by companies with a legacy of corruption

risky-business-blog.jpg

December 14, 2016 | Read more

No less than 15 firms contracted to build the Trans Adriatic Pipeline (TAP) and the Trans Anatolian Pipeline (TANAP), the two main sections of the so-called Southern Gas Corridor, have been implicated in various forms of corruption in the past, according to a CEE Bankwatch Network report published today.

‘Southern Graft Corridor’ or the shady history of companies involved in Europe’s pet energy project

December 13, 2016 | Read more

A new Bankwatch study reveals a worrying track record of criminal and corrupt activities among the companies that are building Europe’s flagship gas pipeline project, the Southern Gas Corridor.

Backdoor for coal subsidies remains half open under new EU rules

December 1, 2016 | Read more

While it may seem like a gesture to coal-dependent countries such as Poland, the Winter Package of EU energy market rules, presented yesterday (30 November), will make using coal subsidies more difficult.

Here be dragons: How the EU bank’s development finance overlooks people at risk

November 18, 2016 | Read more

The European Investment Bank’s failure in safeguarding the most vulnerable groups in its projects shows it is ill-equipped to help refugees and host communities in the European Union’s neighbourhood. A new report explains the bank’s weaknesses in identifying and responding to human rights risks.

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