The weakest link – the EBRD’s energy lending 2010-2016
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
More billions for fossil fuels overshadows European development bank’s climate pledges
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
Energy lending at the EBRD: Fossil fuels up, renewables down
December 11, 2017
What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?
Between TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline
November 30, 2017
Interviews in Albania revealed a barrage of complaints about how the Trans-Adriatic Pipeline has been treating farmers affected by the mega gas project that may soon receive a record loan from the European Investment Bank.
Land lost but not forgotten
November 30, 2017
Impacts of the Trans-Adriatic Pipeline on the land and livelihoods of farmers in Albania In May 2017, Bankwatch, together with the Albanian Helsinki Committee undertook a mission along the corridor of the Trans-Adriatic Pipeline in Albania to talk to p
Rushed loan approval for Tuzla 7 coal plant, but project far from ready
November 28, 2017
The China Exim bank and Bosnian power utility Elektroprivreda BIH yesterday signed a massive loan agreement for the Tuzla 7 lignite power plant – a project that would have dire health, economic and climate repercussions.
Déjà vu in biodiversity: public banks pitted against international wildlife convention
November 15, 2017
Europe’s wildlife guardian has sent a warning to Georgia over changes to a protected area in the Caucasus mountains. International lenders are interested in financing hydro developments in the region.
Good project – bad implementation: MHP biogas
November 2, 2017
The project MHP Biogas is currently under consideration for approval by the EBRD Board of Directors. The project covers the construction of the greenfield 10 MW biogas plant in Vinnitsa region of Ukraine. The biogas plant is sought to help solve the pr
The great gas lock-in – industry lobbying is behind the EU push for new gas infrastructure
October 31, 2017
A new report from Corporate Europe Observatory shows why the fire-power of the gas industry makes it a powerful and effective lobbying force in Brussels and national capitals. Meanwhile, public interest groups have a fraction of the resources and access.
Green Climate Fund’s preference for big players weakens transparency
October 31, 2017
The 18th meeting of the Green Climate Fund in the beginning of October confirmed again that big institutions are getting the biggest share of finances. This time it was the European Bank for Reconstruction and Development who left its mark.