Sounding out the EBRD’s energy strategy: little ambition besides scrapping coal
December 13, 2013
At a closer look the EBRD’s new energy strategy, complimented for the restrictions it places on coal lending, reveals a shocking lack of operational knowledge to implement the ambitions outlined in its executive summary.
How embarrassing: EBRD transparency ranked ‘poorest’ among multilaterals
October 29, 2013
As the European Bank for Reconstruction and Development revises its safeguard policies, the Aid Transparency Index ranks its commitment to openness and transparency as the weakest in comparison with similar institutions.
Leading green NGOs in Europe tell the EBRD to step out of coal
September 30, 2013
Brussels – As the European Bank for Reconstruction and Development today closes the public consultation period on its upcoming energy strategy, a coalition of the ten largest environmental organisations working at the European level, the Green 10, is calling on the bank to phase out fossil fuels from its future lending, beginning with coal, and to rule out lending to risky energy sources, such as nuclear and shale gas.
Comments on EBRD’s draft energy strategy
September 24, 2013
Bankwatch’s detailed comments on the draft energy sector strategy of the European Bank for Reconstruction suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank’s fossil fuel lending. It also contains comments on other energy sources, carbon markets, energy systems, carbon capture and storage, nuclear safety, and in an additional annex it lays out sustainability criteria for hydropower development.
Summary of Bankwatch’s comments on EBRD’s draft energy strategy
September 24, 2013
In our full comments on the draft energy sector strategy of the European Bank for Reconstruction Bankwatch suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank’s fossil fuel lending. This document summarises the most important points made and a collection of most recommendations.
A message to EBRD President Suma Chakrabarti
September 13, 2013
In an open letter sent today to the President of the European Bank for Reconstruction and Development 54 civil society organisations follow up from last weeks consultations on the bank’s new energy sector strategy and ask the president to ensure that the EBRD addresses the challenges of climate change with the urgency it deserves. We reproduce the letter’s content here.
Energy consultations reveal lack of strategic thinking at the EBRD
September 6, 2013
With another public action, colleagues in Moscow are today bringing to a close a week that has seen the European Bank for Reconstruction and Development having to listen to a lot of uncomfortable truths.
Nordic countries ‘no’ to coal is a glimmer of hope for EBRD energy lending
September 5, 2013
The global campaign to make the European Bank for Reconstruction and Development restrict its coal lending may have found new allies in Nordic countries after their declaration yesterday to seize overseas coal investments.
Thousands remind the EBRD that coal is not an option
September 4, 2013
The European Bank for Reconstruction and Development received a little surprise visit this week from 16 000 voices against coal.
Pressure builds on EBRD to quit coal lending
September 4, 2013
The European Bank for Reconstruction and Development lags behind other major international financial institutions that are moving away from supporting dirty energy projects.
