China must walk its EU standards talk
July 6, 2018
The seventh Central and Eastern Europe-China “16+1” summit for heads of state is set to take place this week in Sofia, Bulgaria, on the heels of an EU initiative on screening Foreign Direct Investments in the areas of security and public order. The EU initiative comes amidst concerns of increased foreign direct investments – including Chinese – going into strategic and sensitive sectors in Europe.
Nenskra complaint to the European Investment Bank
June 1, 2018
In our opinion, the European Investment Bank (EIB) has failed to comply with the Standard 7 by not respecting the status of Svans as indigenous peoples. The Bank did not fulfill its environmental and social standards: it ignored the project’s significa
Request to the EBRD’s PCM on the Nenskra hydropower project
May 30, 2018
The conclusions of the EBRD’s Environmental and Social Impact Assessment (ESIA) are not guided by detailed field work and focus group research with the affected communities – indigenous Svans, nor are they based on the robust and objective analysis of
Gacko II, Bosnia and Herzegovina
May 15, 2018
The Republika Srpska government plans to build a new 350 MW lignite power plant in Gacko, near the town’s existing plant. After years of stagnation, in August 2022 it was reported that the Czech company Witkowitz was considering investing in the project.
Kamengrad lignite power plant, Bosnia-Herzegovina
May 15, 2018
An idea to build a power plant at the open-cast Kamengrad coal mine near Sanski Most in the Federation of Bosnia and Herzegovina has been around for years, but in November 2017 it took a step forward with the signing of a Memorandum of Understanding between Energy China International and the construction supplier Lager d.o.o. for a 2 x 215 MW plant.
The loan that made sense until it didn’t
May 11, 2018
During the annual meetings of the European Bank for Reconstruction and Development, the bank is the subject of a complaint for policy violations via a EUR 200 million loan to Serbia’s state-owned energy utility: money earmarked to prepare the fossil fuels-based company for the realities of adhering to stricter EU legislation will instead enable it to extract and burn even more fossil fuels.
Nenskra hydropower project – May 2018 update
May 10, 2018
The banks have a responsibility to ensure that when they make an investment, they mitigate and avoid situations that put persons at risk. The Nenskra dam in Georgia is one example where the lack of proper environmental and social assessment can potenti
Low-carbon transition as it should be: three steps for the EBRD to have fewer headaches with hydropower projects
May 10, 2018
While it is positive that banks want to finance the much-needed transition away from coal towards renewable energy in the Balkans, it is crucial to ensure that the cure is not worse than the disease. Most of the projects planned in the Balkans are smal
EPS restructuring loan
May 10, 2018
Despite its commitments to increase the share of renewables under the Energy Community and reduce greenhouse gas emissions within the process of EU accession, the Serbian government seems determined to remain locked-in to a carbon intensive energy syst
The EBRD strategy for Uzbekistan
May 9, 2018
Changes in the approach to governance put forward by the President Shavkat Mirziyoyev deserve to be encouraged by the international community. It is natural that the EBRD is ready to provide support to a country willing to accelerate reforms. However,
