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News

The revolution should not be privatised

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June 12, 2012 | Read more

Pushing for public-private partnerships will not support democratisation in the Arab Spring countries but risks increasing their public debt. Our new website brings together the PPP lessons that Europe should have learned.

The EU’s electricity imports from neighbouring countries: at what cost?

June 8, 2012 | Read more

Kiev — Despite being the place of one of the most terrifying nuclear accidents in the world, Ukraine is currently working on expanding the lifespan of 13 of its old Soviet-style reactors, with electricity exports to the European Union in mind. In a study published today, CEE Bankwatch Network is revealing how the EU and its financing institutions are promoting electricity imports to the EU which are likely to have highly damaging consequences for the exporting countries.

Hydro power plants endanger the Balkan lynx in Macedonia

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June 5, 2012 | Read more

A fact-finding mission to Macedonia has confirmed our concerns that two planned hydro power plants are set to destroy important natural habitats in the Mavrovo National Park.

Fossil fuels rebranded as low-carbon also in Cohesion Policy discussions

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June 1, 2012 | Read more

Discussions in the European Parliament on the next Cohesion Policy have seemingly been taken hostage by fossil fuel friendly interests – once again with Poland taking the lead.

New EBRD mining strategy promotes unstable dependency on raw materials exports, say NGOs

June 1, 2012 | Read more

Moscow, Russia — In response to a public presentation today from the European Bank for Reconstruction and Development of its new mining strategy, NGOs CEE Bankwatch Network and Greenpeace Russia are calling on the bank to deprioritise investments in mining and mining-related infrastructure in order to avoid deepening the dependency of its countries of operation on raw materials exports.

Hunger strike begins in protest of cemetery removal at EBRD coal mine in Serbia

May 30, 2012 | Read more

Belgrade – An official from the southern Serbian town of Vreoci has begun a hunger strike on Monday to protest against what he considers the unlawful exhumation of a local cemetery to make way for coal extraction at the nearby Kolubara mine. Last year the European Bank for Reconstruction and Development approved a loan of 80 million euros to support the expansion of lignite mining at Kolubara.

The many faces of coal subsidies. A glance at Romania.

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May 29, 2012 | Read more

The case of two Enel investments in Romania illustrates how subsidies for coal power can be ambiguous, but provide very concrete disincentives for investments in renewable energy.

The EBRD should listen (better) to civil society in Arab Spring countries

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May 22, 2012 | Read more

In preparation to its extended lending to Arab Spring countries, the EBRD is conducting consultations with civil society. Yet the bank doesn’t seem to make an appropriate effort.

EBRD energy lending report: conflicting investments end up contradicting climate science

May 17, 2012 | Read more

London – Almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels, according to a report issued today by CEE Bankwatch Network. Support for coal, oil and gas must be discontinued altogether, argues Bankwatch, if the bank’s commendable efforts on increasing financing for renewables and energy efficiency are to have a positive impact in the global fight against climate change.

The European Investment Bank is not ready for a capital increase, NGOs say

May 15, 2012 | Read more

Brussels – As EU Ministers of Finance are currently gathering at the Annual General Meeting of the European Investment Bank (EIB) to discuss a possible capital increase, civil society organisations that monitor the EIB say the bank is not ready for such a move.

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