Serbia’s unabated quest for coal causes tremors among mining communities
Bankwatch in the media | April 25, 2013
Development bank continues to fund coal projects as Serbia proves another frontline in battle between energy and environment
Bankwatch in the media | April 25, 2013
Development bank continues to fund coal projects as Serbia proves another frontline in battle between energy and environment
Bankwatch in the media | October 2, 2014
Japan’s Marubeni Corporation and France’s Alstom – who have together been chosen as the preferred bidding consortium for the Plomin C* coal power plant project in Croatia – have a poor integrity record including several convictions for corruption offences which should raise alarm bells and increase vigilance among the Croatian public and potential financiers of the project, according to a new paper by CEE Bankwatch Network, published today.
Bankwatch in the media | April 6, 2015
SIGNIFICANCE: Croatia, like several countries in the region, is upgrading coal-fired power plants to boost electricity security. This has encountered opposition from environmental groups and local people. IMPACTS SOCIAL: Environmental concerns about coal power and other energy projects are real, but have partly gained momentum due to broader political issues. POLITICAL: The government wants to push ahead with energy projects, but faces rising opposition as a closely-fought election nears.
Bankwatch in the media | September 30, 2015
The Volkswagen Group received more than €4 billion in loans from the European Investment Bank over the last decade, with much of the money going to research aimed at developing cleaner engines. The world’s largest carmaker is embroiled in a global scandal after installing so-called defeat devices in 11 million of its diesel cars to cheat on emissions standards tests, a scandal that has cost the CEO his job, opened the company to a potential fine of $18 billion in the U.S., pummelled the stock price, and prompted investigations across Europe.
Page | September 30, 2017
In 2000, a 25-year water concession for the Bulgarian capital, Sofia, was awarded to Sofiyska Voda, which was at that time owned by the UK’s United Utilities, and International Water Ltd, in turn owned by Bechtel Enterprises Holdings Inc from the US, a
Press release | March 29, 2017
A new Bankwatch analysis examining ten coal-fired power plant projects across the Western Balkans finds that, once the cost of carbon emissions allowances are factored in, they could become a serious liability for both the companies involved and the public. Moreover, only a few feasibility assessments for coal power plants in the region are publicly available, and most of those have failed to properly take carbon costs into account, the briefing authors note.
Publication | March 1, 2008
Tbilisi, with a population of more than 1.5 million people, manifests all the signs of environmental stress – poor air quality, excessive noise, traffic congestion, loss of green areas and degradation of historical buildings and monuments. Road transport is responsible for an increasing share of total air emissions, their contribution rising from some 70 percent in 1991 to about 91 percent in 2005. In July 2005, the European Bank for Reconstruction and Development lent EUR 3 million to the "Municipal Auto Transport Company Ltd".
Publication | May 10, 2010
For three years already ArcelorMittal Temirtau (AMT), financed by the European Bank for Reconstruction and Development (EBRD), has been implementing the USD 100 million Mittal Steel Temirtau – Coal Mine Modernisation project that was approved by the bank in 2007.
Publication | May 14, 2015
For Shuakhevi as with other large dams recently built or planned in Georgia, it all adds up for western planners and financiers. The final bill for the Georgian population and environment, though, is still a long way from being finalised.
Blog entry | November 6, 2017
Small-scale renewable energy sources are being built all over Europe. Examples from the Czech Republic show that their success depends on adjusting them to the local environment and making sources for financing, such as EU funding, more accessible.
CEE Bankwatch Network gratefully acknowledges EU funding support.
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