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News

Crunch time at Sostanj

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November 5, 2012 | Read more

November is shaping up to be crunch time for a new 600 MW lignite plant planned to be built at Sostanj in Slovenia. If the Slovenian government doesn’t manage to offer a state guarantee for loans from European public banks that should cover half the construction costs by the end of this month, the project could fail. At Bankwatch, we’re preparing our popcorn for the latest Sostanj thriller, on show across Europe this month.

‘Comments noted’, business as usual continues. The marginal public influence on the EBRD’s new mining policy

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November 2, 2012 | Read more

After long delays and more than 3 years of preparation the European Bank for Reconstruction and Development has finally completed and published a policy for its operations in the mining sector. Both the consultation process and the final outcome must leave “the consulted stakeholders” disappointed.

Quality spending still off the table as Cyprus issues draft budget figures

October 30, 2012 | Read more

Brussels — Indicative figures for Europe’s 2014-2020 budget offer little hope of a green future for agricultural and regional spending, according to CEE Bankwatch Network and Friends of the Earth Europe.

EU budget update: Are Europe’s leaders serious about taking the green shirt off all of our backs?

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October 23, 2012 | Read more

With a key EU summit one month away, how do things currently stand with the tortuous, plate tectonic-esque EU budget 2014-2020 negotiations?

How Ukraine can survive without nuclear – renewable energy potentials reviewed

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October 22, 2012 | Read more

A closer look at Ukraine’s energy strategy reveals fundamental flaws in the government’s plans to continue using old nuclear reactors and its rhetoric of nuclear being the only possible alternative.

Clean, green EU spending is possible – New map highlights European regional spending that works for environment and people

October 18, 2012 | Read more

Visit http://www.wellspent.eu to see how European projects funded by Cohesion Policy are working for the environment, society and the economy. Brussels, October 18, 2012 – A new publication released today documenting regional spending during the 2007-2013 period highlights how in times of economic and environmental crisis, Cohesion Policy can guide investments that are sustainable, innovative and really benefit the public. CEE Bankwatch Network, Friends of the Earth Europe and WWF published today a map showing where European regional spending has triggered environmental protection and sustainable development – including public transport, renewable energy and energy efficiency projects.

Covering the Balkans in Soot: The New European Energy Community Strategy Favours Fossil Fuel Reliance

October 17, 2012 | Read more

Brussels — Neighbouring countries of the EU from the Western Balkans to Ukraine are planning unsustainable energy futures relying on coal and nuclear. An energy strategy for the region to be approved Thursday by the European Energy Community indicates that such investments in dirty fuels could happen with EU support and financing.

When loyalty blocks climate action – Polish parliament pledges allegiance

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October 17, 2012 | Read more

The Polish government has a sad reputation for adopting unilateral, even obscure approaches when it comes to our country’s energy policy. What now came as a very disappointing surprise is that the Polish parliament joined the opportunistic chorus of denial – one that considers alternatives to the continued reliance on fossil fuels as a threat to Poland’s security.

Video: Notes for a better Europe

October 17, 2012 | Read more

European spending is often considered unnecessary, beaurocratic, and even damaging. We’re the last ones to deny that in Bankwatch. Yet, we are convinced that EU spending – if it is done right – can truly serve the public interest by creating jobs, reducing energy bills, minimizing air pollution, etc. Our new video highlights how some European projects are showing the way to a greener Europe and a better world.

Euro Parliament vote sends positive signal for greening the EU budget

October 11, 2012 | Read more

Brussels, Belgium — Today’s voting by the European Parliament Budget Committee in favour of at least 20 percent of the future EU budget for 2014-20 going to address climate change, was welcomed by CEE Bankwatch Network and Friends of the Earth Europe.

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