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News

Success: 391 hectares of Romanian forest saved in 2015

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January 11, 2016 | Read more

With one more positive court decision just before the end of the year, Bankwatch Romania had a lot to celebrate in 2015.

Health reports confirmed widespread over-exposure to toxic arsenic at Tsumeb smelter in Namibia

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December 22, 2015 | Read more

Following Bankwatch’s revelations about toxic pollutants at the Tsumeb smelter in Namibia, the smelter’s owner, Canadian mining company Dundee Precious Metals (DPM), contested our findings in Namibian news reports. Without substantiating its claims with facts, however, and in light of the results of local health surveys the company’s reassurances ring hollow and meaningless.

Romanian court rejects environmental permit, halting destruction of 159 hectares of forests and putting breaks on coal mining expansion

December 11, 2015 | Read more

Bucharest – A Bucharest court yesterday annulled the environment permit for the felling of another 159 hectares of forest in Gorj country, effectively preventing the expansion of the Roșia lignite mine.

New Bankwatch study: European “green energy” funding for hydropower threatens pristine Balkan rivers

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December 11, 2015 | Read more

Radolfzell, Vienna, Prague – A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans, finds a new study by CEE Bankwatch Network released today.

Ukraine snubs safety concerns and European donors, extends lifetime of fourth Soviet-era nuclear reactor

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December 8, 2015 | Read more

Kiev, Prague – An ageing nuclear unit in the South Ukraine power plant is the latest to have its expiry date rewritten by overzealous Ukrainian authorities, despite a number of pending safety issues and concerns over compliance with international treaties.

9 reasons why the EU’s bank is no climate leader

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December 8, 2015 | Read more

The European Investment Bank’s track record stands in stark contrast to its pose as a hero in the fight against climate change.

Macedonia urged to suspend controversial hydropower project

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December 4, 2015 | Read more

Strasbourg, Skopje, Prague – In the latest blow to planned hydropower dam in Macedonia’s Mavrovo National Park, the Standing Committee of the Bern Convention, the European wildlife treaty, added today its voice to growing calls to reconsider this reckless project. The spotlight is now on the European Bank for Reconstruction and Development (EBRD), the project’s main financier.

Šefčovič’s underwhelming outlook for the Energy Union’s role in the energy transition

December 1, 2015 | Read more

On 20 November 2015, following the presentation of the first State of the Energy Union, Vice-President Šefčovič hosted a Twitter Chat. Also several Bankwatchers joined the discussion. Here are some points we found noteworthy.

Bankwatch statement on hazardous arsenic waste in Dundee operations in Namibia

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December 1, 2015 | Read more

Last week Namibian news outlets reported on Bankwatch’s findings on the potential impacts of Dundee Precious Metals’ (DPM) operations in the country. Yet, in light of the company’s response we believe a number of points need to be stressed.

Bern Convention Committee to decide fate of Balkan lynx and Boskov Most hydropower plant in Macedonia

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November 30, 2015 | Read more

The critically endangered population of the Balkan lynx (Lynx lynx balcanicus) may be getting a new lease on life this week after being threatened by planned hydropower constructions in its core area of reproduction.

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