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Statement by Bankwatch’s Executive Director on the shrinking space for civil society in Georgia, Kyrgyzstan and other EBRD’s countries of operation

May 13, 2024 | Read more

With the recent adoption of the “foreign representatives” law in Kyrgyzstan and a similar “foreign influence” bill awaiting final approval in the Georgian parliament, civic space continues to shrink in the EBRD’s countries of operations.

Destroying while rebuilding: Flawed hydro project set for Polish just transition region needs a rethink

May 7, 2024 | Read more

Eastern Wielkopolska, one of Poland’s just transition regions, urgently needs to repair the damage caused by decades of lignite mining. One controversial hydrological project slated for the region aims to flood open pits and stabilise water levels. But while these measures appear to be positive steps towards making amends, the environmental impacts of the project have not been assessed, which is likely to result in a number of unintended and damaging consequences.

More than money: New report reveals shortcomings in human rights policies of leading public development banks

May 6, 2024 | Read more

As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.

The promise and perils of Georgia’s East–West Highway project

May 2, 2024 | Read more

Georgia’s East-West Highway construction project, once heralded as a symbol of progress and splendour, has been marred by controversies.

EBRD approves EUR 98.6 loan for disputed fossil gas mega pipeline in North Macedonia

April 25, 2024 | Read more

The European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR 98.6 million loan for a fossil gas pipeline that would allow North Macedonia to increase its gas consumption by three to six times compared to 2021, its highest-consuming year so far. (1)

Latvia considers a risky nuclear energy development path

April 24, 2024 | Read more

Latvia already has a relatively high level of renewable energy production and, with many new wind and solar energy projects on the way, the country is not far from providing all the energy needed for its local consumption in annual terms. The greatest challenge remains ensuring a stable, balanced energy system. However, instead of planning for a 100 per cent renewables-based energy mix, the government has sparked a controversy by considering nuclear energy, a costly solution that would delay the transition.

Bern Convention: Skavica dam in Albania contradicts the Balkan Lynx Recovery Programme

April 24, 2024 | Read more

The Bureau of the Convention recently accepted a new complaint and urged the Albanian authorities to not develop projects which may negatively affect habitats and species.

Global civil society coalition demands G7 leaders to prioritise support for Ukraine at upcoming meeting

April 16, 2024 | Read more

As the 2024 G7 Foreign Affairs Ministerial approaches on April 17-19 in Capri, Italy, a coalition of leading organisations is calling on G7 nations to demonstrate unwavering support for Ukraine by taking concrete actions to address the country’s critical energy issues.

Clearcutting chaos: A bumpy ride for Estonia’s conservation areas

April 15, 2024 | Read more

Rail Baltica, the ambitious railway project set to connect the Baltic states of Estonia, Latvia, and Lithuania as part of Europe’s modern rail network, promises to boost regional development and integration. However, despite assurances of habitat protection and compensation measures during the construction of Rail Baltica, recent revelations on clearcutting in protected areas have exposed longstanding issues with Estonian forests. The case also highlights the broader challenges faced by nature when economic development takes precedence and the need for proper environmental safeguards against economic interests.

New report: EU must act to prevent needless environmental and social damage by Corridor Vc motorway in Bosnia and Herzegovina

April 5, 2024 | Read more

The European Commission and EU public banks must press for a revision of the Corridor Vc motorway route near Mostar in Bosnia and Herzegovina (BiH) if excessive environmental and social harm is to be avoided, finds a CEE Bankwatch Network report published today. (1)

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