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Ukraine’s nuclear energy fixation puts its European financiers to a test

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September 5, 2016 | Read more

In a meeting today, the Espoo Convention’s Implementation Committee will again discuss Ukraine’s compliance with the Convention’s rules. A look back at the last months does not suggest a positive outcome.

Guest post: Realities in the Czech renewable sector defy the ideas of the Paris Agreement

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August 10, 2016 | Read more

If fossil fuels’ grip on the Czech Republic’s energy sector remains, as current plans and policies confirm, the country’s support for the Paris Agreement will be nothing but a sham, writes Karel Polanecky from Bankwatch’s Czech member group Hnuti Duha.

‘We have no other option’ – Albanian communities face unjust resettlement process for Trans-Adriatic Pipeline

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August 4, 2016 | Read more

What is a perceived source of security for some can cause instability for others’ lives.

[Campaign update] Impact Assessment of Serbian Kostolac B3 coal plant nullified, two investigative reports published

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August 3, 2016 | Read more

Two reports by the Serbian Center for Investigative Journalism take stock of the problems surrounding the planned Kostolac B3 lignite power plant, including a recent court decision that cancelled the project’s Environmental Impact Assessment.

Montenegrin power plant feasible only with creative accounting

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August 1, 2016 | Read more

Just as everyone else was going on holiday, on Friday night the Montenegrin parliament approved two decisions laying the ground for the controversial Pljevlja II lignite power plant. But a look at the project documentation released by the government shows that the project’s economics only add up with some giant leaps of faith.

Ombudsman asks European Investment Bank to act on conflicts of interest issues

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July 26, 2016 | Read more

In a letter to the President of the European Investment Bank from July 22, the European Union’s Ombudsman Emily O’Reilly has asked the bank to review its governance arrangements to help prevent potential conflicts of interest in the bank’s governing bodies.

A ray of light for communities in Serbia’s coal heartland

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July 22, 2016 | Read more

For more than 50 years, the lignite mines in Serbia’s Kolubara basin have been expanding, effectively engulfing the few small communities living between them. For local residents, whose homes have quite literally been teetering on the brink of the mines, life has become unbearable. But a recent court ruling might be paving the way to a long overdue reprieve for residents who have been promised to be relocated.

New report: institutionalised corruption in Romania’s third largest company

July 12, 2016 | Read more

Counter Balance and its partner Bankwatch have launched a new report exploring corruption cases in Romania’s third largest company. The Oltenia Energy Complex (OEC) is a key player in the energy sector in Romania and today operates ten lignite mines and four power plants. Supposed recipient of a EUR 200 million loan from the European Bank for Reconstruction and Development (EBRD), OEC stands out for a long list of corruption scandals collected in the last decade.

EU budget review must enhance European climate action

July 7, 2016 | Read more

The European Commission must listen to the European Parliament calling for an EU budget that works for people and planet – according to CEE Bankwatch Network, Friends of the Earth Europe and Climate Action Network (CAN) Europe.

Less is more: Romanian energy trajectory shows potential for low carbon economic growth – report

July 6, 2016 | Read more

Romania could well be on path to a sustainable, prosperous economy if decision makers acknowledge growing GDP in tandem with dropping energy demand, a report released today by Bankwatch Romania argues.

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