Policy on corporate loans based on PCM CRR on the EPS Restructuring project
May 6, 2019
The PCM has finalised the Compliance Review Report (CRR) of the EPS Restructuring project and has closed the case without further monitoring. We welcome the recommendation that clarification of the policy framework and strategic guidance are urgently r
Bulgarian villagers in chronic limbo over coal mine expansion
May 6, 2019
Residents of Beli Bryag in Bulgaria’s Stara Zagora region anxiously await removal from their homes to make way for the expansion of a mine that feeds Maritsa East, the country’s largest coal complex.
Goldman winner to development banks: drop billion dollar Nenskra dam in Georgia
April 29, 2019
The 2019 winner of the Goldman Environmental Prize from Europe Ana Colovic Lesoska has today called on development banks – the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank and (ADB) the Asia Infrastructure Investment Bank (AIIB) – to drop their funding for the Nenskra hydropower project planned in Georgia’s Caucasus mountains.
Hamarosan lejár az időnk klímaügyben
April 19, 2019
Erről ad áttekintést az Európai Éghajlatvédelmi Akcióhálózat (Climate Action Network Europe, CAN Europe) ma reggel nyilvánosságra hozott elemzése az Európai Unió tagállamainak eddig elkészült Nemzeti Energia- és Klímaterveiről (NEKT).Source: Hamarosan
Boskov most hydropower plant, North Macedonia
April 19, 2019
Boskov Most was one of 18 hydropower greenfield projects planned by the North Macedonian government in the Mavrovo National Park. After five years of campaigning, we convinced the European Bank for Reconstruction and Development about the folly of this project and to cancel its EUR 65 million loan. Without its major source of funding, the project lost steam and was discontinued.
Corporate loans – the rotten apple in EBRD’s Environmental and Social Policy?
April 18, 2019
As the Board of Directors is expected to vote any day now on the renewed Policy which lays out the conditions for reaching the Bank’s sustainability mandate and commitment to EU standards, a compliance review on Serbia’s energy company’s corporate restructuring loan calls for clearer and stronger safeguards for corporate level loans.
Retrained and forgotten
April 16, 2019
This research analyses the context of downsizing the ining sector in the Jiu Valley, the concrete measures taken to mitigate the social impact in the areas hit by restructuring the mining sector and how successful these measures were.
Croatian NGOs file court case to prevent resurrection of Plomin 1 coal plant
April 9, 2019
Zelena akcija/Friends of the Earth Croatia and Green Istria have filed a court case challenging the decision to extend the Plomin 1 coal power plant’s environmental permit, it was announced today.
EU-China summit an opportunity to tackle Chinese support for coal in southeast Europe
April 8, 2019
Brussels – With the EU-China summit kicking off in Brussels on April 9, Bankwatch launches a new analysis [1] showing 3.5 GW of new coal may be built in southeast Europe with Chinese support, including in EU member states Romania and Greece.
Chinese-financed coal projects in Southeast Europe
April 8, 2019
EU member states Romania and Greece, as well as several EU enlargement countries in the Western Balkans, plan to build new lignite power plants. The Balkan coal plans starkly conflict with the Paris Agreement’s aim of limiting climate change to 1.5°C b
