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News

Bypassing responsibility

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August 8, 2011 | Read more

The complaints office at the European Bank for Reconstruction and Development has agreed to investigate a complaint from Bankwatch that a railway project in Georgia has not been properly assessed. Georgian Bankwatcher Dato Chipashvili thinks the case should be a lesson for the EBRD to make sure that from the start local people have their say in how projects are done.

Why not do the obvious and use the EU bugdet for energy efficiency?

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August 4, 2011 | Read more

As discussions intensify about the future European Union budget, Bankwatch’s Czech energy campaigner outlines how spending EU money on energy efficiency promises better economic, social and environmental returns than the prevailing consensus about big infrastructure projects.

EBRD Board of Directors must face responsibility for long-term partner EPS’ wrongdoings

July 25, 2011 | Read more

Belgrade – Today, over 70 protesters from the Vreoci community is gathering in front of the Belgrade EBRD offices to protest abusive practices by state-owned Elektroprivreda Srbija (EPS), in London, the bank’s Board of Directors is congratulating itself for another profitable deal with the energy company. The EBRD cannot continue to brush off responsibility for corruption acts and human rights abuses committed by their long-term business partner.

Energoatom director confirms EBRD money will support nuclear lifespan expansion

July 22, 2011 | Read more

The “Ukrainian NPP Safety Upgrade Package Program” currently under consideration for financing by the EBRD, will enable the lifespan expansion of old Soviet-time nuclear reactors, confirmed Gennady Sazonov, project and investment director of the production company Atomproektinzhynirynh, speaking during the first public consultations on the draft ecological assessment of the programme that was held in Kiev early this week.

EBRD should not condone illegal resettlements and corruption by investing in Kolubara

July 21, 2011 | Read more

Belgrade – Next week, the EBRD is deciding whether to invest 80 million Euros in the Kolubara „environmental improvement” project in Serbia. With the help of this money, state-owned Elektroprivreda Srbija (EPS) will expand lignite production in Serbia at the cost of forcefully resettling local communities. CEKOR and CEE Bankwatch Network urge the EBRD to rethink this investment.

From the outside looking in on EU money for Balkan accession

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July 14, 2011 | Read more

Macedonian Bankwatcher Ana Colovic-Lesoska is disappointed by how few opportunities for real public participation were provided during the European Union’s (EU) consultation on the Instrument for Pre-Accession Assistance (IPA), the main EU financial tool to help countries in their efforts to join the Community.

18 000 ask Slovenia to adopt clean energy. EBRD and EIB, take a hint.

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July 5, 2011 | Read more

18 000 people from around the world have asked the Slovene government to adopt a future proof National Energy Plan that doesn’t rely on fossil fuels or nuclear energy. Bankwatch research coordinator Pippa Gallop took part in handing over the list of signatories yesterday and points out that European public banks also need to take the message seriously.

EBRD: Don’t open pandora’s box with lignite open cast mine in Serbia

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July 4, 2011 | Read more

Before making any decisions on the planned EUR 80 million loan for the Kolubara lignite mine project in Serbia, the European Bank for Reconstruction and Development’s Board of Directors should take note of the controversy the bank will get involved in. Not only are the climate impacts of lignite well known, but the project is also indirectly connected to the resettlement of nearby residents.

Video: Polish perspectives on the EU presidency

July 1, 2011 | Read more

Today Poland takes the helm of the EU presidency, but the country’s recent move to unilaterally block a 25 percent reduction target for EU carbon emissions has solidified expectations that Poland would hinder a more ambitious EU climate policy agenda.

Polish Presidency highlights EU climate paradox

July 1, 2011 | Read more

As Poland starts its EU Presidency today, serious doubts loom over its willingness to provide ambitious leadership on EU climate policies. Paradoxically, it is the EU’s own public banks which are sponsoring the country’s unfettered coal industry, the root cause of Polish climate scepticism.

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