Unpaid coal bill: Romanian coal exports to Serbia marred by corruption
Blog entry | April 21, 2015
A dodgy deal to export coal from Romania to Serbia has left the Romanian state-owned coal supplier with a potential seven million euros write-off.
Blog entry | April 21, 2015
A dodgy deal to export coal from Romania to Serbia has left the Romanian state-owned coal supplier with a potential seven million euros write-off.
Blog entry | January 16, 2019
The new gold mine in Krumovgrad boasts environmental performance and social responsibility, yet there are black spots along the path of the Bulgarian gold around the globe.
Bankwatch in the media | March 17, 2011
As Japan’s Fukushima disaster unfolds, the EU is financing a controversial nuclear expansion programme in Ukraine to increase exports to energy-hungry consumers in western Europe.
Blog entry | January 28, 2014
When Dr. Kim, President of the World Bank, and leaders of other international financial institutions ponder funding new coal power projects this year – like the one in Kosovo – there’s one word that should be seared into their memories: Sostanj.
Bankwatch in the media | January 27, 2014
When Dr. Kim, President of the World Bank, and leaders of other international financial institutions ponder funding new coal power projects this year — like the one in Kosovo — there’s one word that should be seared into their memories: Sostanj.
Publication | March 20, 2014
The EU-backed Energy Community Treaty, signed in 2005 and comprising the western Balkan countries, Ukraine and Moldova, has been widely hailed as encouraging regional co-operation. It also sets a legislative framework for the signatories (also known as the contracting parties) that should contribute, along with the EU accession process, to addressing the environmental and social impacts of the energy sector. Indeed, examples of the Energy Community’s added value are its adoption of renewable energy targets in October 2012, as well as a requirement for power plants to comply with EU emissions limits.
Project | March 29, 2013
CANCELLED: For more than a decade, successive Kosovo governments planned to build a new 500 MW lignite plant (around 450 MW net), Kosova e Re or New Kosovo. The controversial project was finally cancelled in 2020 after concession-holder ContourGlobal pulled out.
Blog entry | November 14, 2018
Successive international analyses have cast serious doubts over the financial viability of the planned Nenskra plant. While the Georgian government keeps the project’s contract confidential, a leaked World Bank report offers a scathing account of the fiscal implications of this hydropower development.
Blog entry | March 17, 2020
ContourGlobal is quitting the planned 500 MW Kosova e Re lignite power plant project in Kosovo. The company stated that it is now impossible for the project to meet the required milestones, citing, among others, the recent formation of a government led by a Prime Minister publicly opposed to the project.
Page | September 30, 2017
Budapest had no concert halls of international standards, and primarily due to a lack of state resources it was decided to implement this project as a PPP. Neither prior to nor after the signing of the contract was any impact study (including economic
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