Amid a growing climate mess, a dash for Black Sea fossil gas
May 27, 2024
Plans to drill for fossil gas off the coasts of Romania and Bulgaria are being advanced by a subsidiary of Austrian energy giant OMV, threatening to slow down Europe’s energy transition.
Key trends and shortcomings in community engagement on high-risk EBRD projects
May 24, 2024
The EBRD sets out requirements for stakeholder engagement as part of project risk and impact assessments. This study reviews the stakeholder engagement practices of EBRD clients in all 34 high-risk projects disclosed between 2020 and 2024.
CEE Bankwatch comments on the draft EBRD Access to Information Policy and Directive on Access to Information
May 24, 2024
CEE Bankwatch Network calls on the EBRD to commit to better disclosure of project-related environmental and social information. This will help enhance the Bank’s due diligence and ensure early identification of risks, effective impact mitigation, and compliance with the EBRD’s commitments.
Civil society joint statement on the EBRD’s draft safeguards
May 24, 2024
Despite some improvements, the latest drafts of the EBRD’s updated good governance policies fall short of ensuring that human rights are respected and protected, especially in countries with significant democratic deficits. In a joint statement, 60 civil society organisations urge the EBRD to enhance its human rights due diligence.
This year’s Green Agenda Action Plan update must be participatory
May 22, 2024
This week, 30 civil society groups have written to the Regional Cooperation Council (RCC) and European Commission, asking for meaningful consultations on the update of the Action Plan for the Green Agenda for the Western Balkans, planned to take place this year.
Civil society urges the EBRD to adopt responsible policies and reaffirm its commitment to promoting democracy
May 14, 2024
As the European Bank for Reconstruction and Development (EBRD) gathers for its 33rd Annual Meeting in Yerevan (1), civil society organisations have united to challenge the EBRD’s flawed policies. They highlight numerous cases where EBRD investments have had negative impacts on communities and the environment (2). CEE Bankwatch Network, a leading organisation in this effort, is also calling on the EBRD to take decisive action against the increasing repression of civil society in the countries where it operates.
More than money: New report reveals shortcomings in human rights policies of leading public development banks
May 6, 2024
As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.
Local authority planning for a just transition: Why Western Balkan coal regions should create their own redevelopment plans and how it can be done
April 26, 2024
From December 2020 to December 2023, the European Union implemented its first Initiative for coal regions in transition in the Western Balkans and Ukraine
EBRD approves EUR 98.6 loan for disputed fossil gas mega pipeline in North Macedonia
April 25, 2024
The European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR 98.6 million loan for a fossil gas pipeline that would allow North Macedonia to increase its gas consumption by three to six times compared to 2021, its highest-consuming year so far. (1)
Bern Convention: Skavica dam in Albania contradicts the Balkan Lynx Recovery Programme
April 24, 2024
The Bureau of the Convention recently accepted a new complaint and urged the Albanian authorities to not develop projects which may negatively affect habitats and species.