Bankwatch Mail 50
Publication | November 29, 2011
Bankwatch Mail 50 contains a range of European development finance issues with a particular focus on EU Funds as we publish on the day of our Green investments to the rescue conference in Brussels.
Publication | November 29, 2011
Bankwatch Mail 50 contains a range of European development finance issues with a particular focus on EU Funds as we publish on the day of our Green investments to the rescue conference in Brussels.
Press release | April 13, 2012
Belgrade – By the end of April, one hundred Roma families are expected to be illegally resettled from Belgrade neighbourhood Buvljak to several locations including Resnik, where current inhabitants are these days protesting against their arrival [1]. The resettlement is being carried out by Belgrade authorities without a proper resettlement plan or any consideration of the needs of the Roma and potential for inter-racial conflict [2]. The move is deemed necessary as part of the Sava Bridge and adjacent road construction, financed by the European Bank for Reconstruction and Development and the European Investment Bank respectively. [3]
Blog entry | April 20, 2021
Estonia has good intentions to use the recovery fund to become more resilient while supporting the green transition. However, these intentions are overshadowed by uncertainty and lack of scrutiny, as there is no publicly available strategic framework to bring all of the plan’s measures together, and many measures proposed could in fact undermine the European Green Deal.
Blog entry | July 22, 2022
Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower, leading to thousands losing their land and the potential extinction of Europe’s rarest cat. Will the US International Development Finance Corporation really consider financing Skavica?
Blog entry | July 18, 2023
With the addition of the new REPowerEU chapter, the Czech recovery plan has undergone significant changes, particularly the removal of two fossil fuel projects that had been previously considered. However, crucial reforms are still needed to keep the country on track to meet its EU climate targets.
Project | April 28, 2023
Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower. The Skavica project may flood several villages, displace thousands of people and bring the Balkan lynx to extinction
Blog entry | May 2, 2023
The European Investment Bank (EIB) made history with its decision to stop financing fossil fuel energy from 2022 onwards. By adopting the PATH Framework in October 2021, it seemed the EIB had finally set the conditions requiring its clients to disclose information on their corporate-level emissions, as well as decarbonisation plans. But a year later, it made a U-turn.
Blog entry | January 21, 2022
In 2021, the Bulgarian (interim) government announced that it had decided to transform the huge Maritza Iztok 2 coal-fired power plant into a steam-gas plant – (to replace 1.4 GW of coal capacity with a minimum of 1 GW of gas). The government has sought funding from the EU’s Recovery and Resilience Facility, the Modernisation Fund and other unnamed private sources.
Blog entry | February 24, 2022
With the clock ticking on humanity’s need to cut global emissions, the European Commission’s proposal to label fossil gas and nuclear power ‘sustainable investments’ will undermine the effort to expand renewables and step up energy efficiency. As EU governments and the European Parliament currently examining the so-called EU Taxonomy, policymakers in Hungary, Bulgaria, Poland, Romania and Czechia have already welcomed the text.
Press release | December 5, 2022
Western Balkan countries could collect at least EUR 2.8 billion annually to spend on a just and sustainable energy transition, if a domestic carbon pricing mechanism was in place, finds a new report by CEE Bankwatch Network released today, entitled “The Western Balkan power sector: between crisis and transition”.
CEE Bankwatch Network gratefully acknowledges EU funding support.
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