Tunisia case study: the EU and energy in the Arab countries
November 17, 2015
The European Bank For Reconstruction and Development states that it is “supporting energy efficiency and the development of a sustainable energy sector” and “financing private enterprises, with a focus on SMEs” among its four priorities for Tunisia. In this briefing, the Tunisian Observatory of the Economy (OTE) argues in its assessment of EBRD activities during the period 2012-2014 that it is difficult to find EBRD investments in line with their stated strategy of focusing on SMEs and a sustainable energy sector.
The energy dissonance: How EU development funds fuel climate change while leaders talk decarbonisation
November 17, 2015
EU leaders repeatedly voice commitments to spearhead the global effort to tackle climate change, primarily through long-term decarbonisation targets. But a Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition.
Egypt case study: an EIB loan to the North Giza II power plant
November 17, 2015
The North Giza Power Plant II, 1500 MW natural gas-fired power plant, is one of several large gas power plants that the Egyptian government is developing since 2011 in an effort to cope with the electricity gap. The power plant uses Combined Cycle Gas Turbine technology and the project promoters claim it is energy efficient, eco-friendly and community inclusive. Both the local community and the findings from a field trip strongly dispute these claims.
Infographic: How EU development funds fuel climate change
November 17, 2015
A Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition. This infographic belongs to a report presented in November 2015 to the European Parliament. See the report’s excutive summary >>
Export finance in Slovakia – for coal, against sustainable development
November 17, 2015
Slovakia’s official stance in the upcoming climate negotiations in Paris Climate Summit is no progressive one. An argument often heard is that a small country like Slovakia plays only a little role. The handful of coal plants in Slovakia cannot “compete” with the CO2 emissions of economic giants like the United States or China. And we do not significantly contribute to migration caused by climate impacts. But that is not true.
Harmful hydropower projects in SE Europe enabled by sub-standard environmental assessments
November 13, 2015
Civil society organisations today published a new report looking at the quality of 25 environmental impact assessments (EIA) and 2 strategic environmental assessments (SEA) done for hydropower projects in seven countries in the last five years and examines how the mistakes made in these cases could be avoided in the future.
Ukrainian court backs state attempt to stifle public debate on ageing nuclear fleet
October 29, 2015
Kiev – Today a Kiev court ruled in favour of a defamation lawsuit brought by the Ukrainian state against a civil society organisation, thus backing the government’s attempts to suppress public debate on the country’s ageing nuclear fleet.
EBRD policy breaches at Serbia coal mine confirmed by bank’s own complaint mechanism
October 29, 2015
Prague, Belgrade – A day after the Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a new EUR 200 million loan for Serbia’s electric utility Elektroprivreda Srbije (EPS), an internal review at the Bank finds that it breached its own environmental and social policy when approving the previous EUR 80 million loan to the same company.
[Campaign update] MEP Rebecca Harms criticises Ukrainian nuclear operator for its lawsuit against activists
October 21, 2015
Nuclear safety activists in Ukraine who face defamation charges by the state nuclear operator Energoatom received support from Rebecca Harms, a member of the European Parliament, recently.
Joint reaction on the Energy Community’s Roadmap from CEE Bankwatch Network and Climate Action Network Europe
October 16, 2015
On Friday 16th October the Ministerial Council meeting in Tirana adopted a Roadmap on the future of the Energy Community.
