Devastating floods are the latest warning sign about controversial Nenskra hydropower project
July 31, 2018
From the outside, this tragedy might seem like a natural disaster, a force majeure. But one cannot ignore the human factors at play.
Court complaints launched against Bosnia-Herzegovina hydropower permits
July 26, 2018
Sarajevo, Banja Luka, Nikšić, Podgorica, Prague – The Aarhus Resource Centre Sarajevo has submitted two court complaints [1] to the District Court in Banja Luka against the environmental permits for the Buk Bijela and Foča hydropower plants on the river Drina in Bosnia-Herzegovina near the border with Montenegro.
Estonia’s dirty secret
July 25, 2018
Estonia is the second largest emitter of CO2 per capita in the European Union and by far the most carbon-intensive economy among the OECD countries. The reason for that is oil shale, sedimentary rock that has been mined in Estonia for electricity generation since the fifties and, since recently, have also been used for liquid diesel fuel production.
Momentum building in Latvia for transition to a low carbon economy and independence from Russia’s gas
July 24, 2018
On 12 July, Bankwatch member group in Latvia Green Liberty brought together a group of energy experts with Krisjanis Karins, a member of the European Parliament (MEP), to foster the energy transition towards low carbon development and a sustainable energy sector for the country.
First report from Parliament on next EU budget funding for energy and transport infrastructure shows more work to be done
July 23, 2018
On 19 July, two European Parliament Committees – on Industry, Research and Energy and Transport and Tourism – delivered their first draft report [1] outlining what they would like to see in the new Connecting Europe Facility, one part of the EU budget after 2020 that Bankwatch is monitoring because CEF provides funding for key pieces of energy and transportation infrastructure across the bloc.
Environmental problems of Shuakhevi Hydro Power Plant, Adjara, Georgia
July 23, 2018
The 184 MW Shuakhevi Hydro Power Plant is under construction on the Adjaristsqali river and two of its main tributaries in the Autonomous Republic of Adjara, Georgia. The design envisages it as a run-of-the-river plant with capacity of diurnal storage
In Latvia, people-led building restoration receives the largest-ever EU funding of its kind
July 19, 2018
A grant from the state-owned development financial institution ALTUM for multi-apartment residential building renovations in Salaspils, Latvia, is a success story about active residents and the support of their local municipality, which sets an important precedent for public mobilisation and participation.
A different kind of bucket challenge
July 18, 2018
In May this year, Romania made headlines after being referred to the European Union’s Court of Justice for failing to solve its air pollution problem. This breach is about three major cities – Bucharest, Iași and Brașov. But beyond the big cities, small communities are opposing polluting coal industries with nothing more than a bucket.
Ombudsman calls for greater transparency of export credit agencies
July 9, 2018
The European Ombudsman has sided with the civil society demanding the European Commission to improve its oversight of the EU Export Credit Agencies (ECAs). The decision upholds an earlier ruling that required the Commission to ensure better compliance of these financial institutions with the EU law.
Position on the Multiannual Financial Framework
July 9, 2018
For nearly three decades, the EU Budget, and especially sectoral instruments such as the Cohesion Policy, has been a proven catalyst in the fight against climate change and the transition to a low-carbon energy system. By providing public investments i
