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News

Water disputes persist as Rio Tinto pushes ahead with second Oyu Tolgoi mine

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February 11, 2016 | Read more

Prague; Khanbogd Soum, Mongolia – A large new copper mine in Mongolia could cause irreversible damage to terrain and deprive water from some of the world’s last remaining nomadic herding groups, finds a new report released today by Oyu Tolgoi Watch, the Bank Information Center, CEE Bankwatch Network and Accountability Counsel.

Slovakia’s EU funds spending plans: finance for the energy transition – where’s it at?

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February 5, 2016 | Read more

Slovakia has missed the opportunity to use the EUR 14 billion of Cohesion spending to transform its largely monopolistic, heavily state influenced energy economy with its high dependence on imported fossil fuels and high carbon intensity.

Croatia’s EU funds spending plans: Land of unfulfilled clean energy potential

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February 4, 2016 | Read more

EU funds could do a whole lot more to help the transformation to an efficient sustainable energy system in Croatia if the country adopts an effective strategy to get there, argues our research co-ordinator, Pippa Gallop.

Turceni coal unit in Romania shut down after operating illegally

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February 4, 2016 | Read more

The shut down of a coal-fired power plant unit is another great success for the climate and for clean air in Romania. Many more units may have to follow according to legislation on pollution limits.

EU funds spending plans in Hungary: the dark side is in the details

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February 2, 2016 | Read more

Hungary allocates a relatively high amount of EU Funds to energy but an in-depth analysis shows a lack of direct, non-refundable support in renovation of residential buildings, significant finance for burning instead of preventing waste and potentially unsustainable use of biomass.

EU funds spending plans in Estonia: The long and rocky path away from shale oil

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February 1, 2016 | Read more

While Estonia plans to use a large part of its EU funds investments for infrastructure projects in the public sector, there is no real political will to reduce the use of fossil fuels.

EU funds spending plans in Latvia: What’s hidden behind the ‘green veneer’?

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January 29, 2016 | Read more

The millions of EU Cohesion Policy money are choosing the ‘darker side’ of Latvia’s renewable energy sources.

Bring on the money, don’t ask for results. EU funds spending plans in the Czech Republic

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January 28, 2016 | Read more

The Czech Republic’s EU funds’ documents tick all the formal boxes, but the carbon intensity of its economy will most likely not change much.

NGOs urge the European Investment Bank not to finance the Southern Gas Corridor

January 28, 2016 | Read more

A group of 27 NGOs sent an open letter to the President of the European Investment Bank (EIB) today urging the Bank not to finance the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe.

Report finds development banks fail people harmed by their projects

January 27, 2016 | Read more

A new report launched today documents the hurdles communities and workers face in obtaining remedy from development banks whose projects cause them harm. The 11 civil society organizations that authored the report, Glass Half Full? The State of Accountability in Development Finance, call on development banks and the governments that run them to strengthen their systems for providing remedy to those harmed by the activities financed by the banks.

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