Invest in haste, repent at leisure – Are IFIs behaving as if EU accession criteria and extreme energy losses do not exist in South East Europe?
June 25, 2013
South-eastern Europe is riddled with poor planning and corruption in the energy sector and its governments are proving slow to react to the challenges and opportunities offered by the decarbonisation agenda.
A tale of neglect: Energy finance figures from the Western Balkans
June 25, 2013
The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region.
Russian and European NGO investigations lead to the filing of a complaint against VINCI CONCESSIONS RUSSIE SA and against unknown persons before the Nanterre Public Prosecutor
June 24, 2013
Paris, 24 June 2013 – Sherpa, Russie-Libertés, CEE Bankwatch Network and MOBO Princip, as well as members of Russian civil society such as the environmental activist Evgenia Chirikova, today submitted to the Public Prosecutor of Nanterre, France, a complaint relating to the conditions in which the NORTH WEST CONCESSION COMPANY – NWCC – , which is wholly owned by the French company VINCI CONCESSIONS RUSSIE, was awarded a public contract in 2009 concerning the construction of the highway between Moscow and Saint Petersburg.
Little impact of EU aid for Egypt – Ongoing abuses and Brussels scrutiny puts EBRD’s best laid plans in question
June 24, 2013
How is the European Bank for Reconstruction and Development able to justify a brand new host country agreement with Egypt, given the abuses still being endured in Egypt and the failure of one billion euros of EU money to improve the economic and human rights situation there?
Eleventh hour for Europe’s bank to lead on climate change
June 20, 2013
Brussels — Ahead of next week’s expected release from the European Investment Bank of its final draft energy policy, CEE Bankwatch Network and Counter Balance are urging the EU’s house bank to ensure that its annual portfolio of EUR 70 billion is guided by a policy that enables Europe to meet its long-term commitments on climate.
EURATOM loan to Ukraine nuclear programme must not go ahead
June 20, 2013
In March 2013 the Implementation Committee under the UN Espoo Convention ruled that Ukraine’s expansion of the lifetime of its old nuclear reactors is in breach of the Convention (more details in our press release). Nevertheless the European Commission plans to decide on a EURATOM loan for the project.
The G8, tax havens and the need to clean up our own “bank yard”
June 18, 2013
While the G8 leaders claim they are at war with tax avoidance, their own bank, the European Bank for Reconstruction and Development is involved in deals linked to offshore financial centres.
Off balance – The Georgian energy sector and the contradictions in EU policy and practice
June 18, 2013
This study reviews the development of greenfield hydro projects in Georgia and explores how current energy sector trends in the country relate – or otherwise – to sustainable energy principles.
Ukrainian ecologists call on EU not to fund new coal plants
June 6, 2013
A Ukrainian application for European funding of two new coal plants would cause massive health and environmental damage to local people from nitrogen oxide emissions and other related pollution effects, local environmental campaigners have told EurActiv.
[Campaign update] The reality of resettlement in Kolubara: Out of the frying pan into the fire
June 4, 2013
A quick visit to the Kolubara mining basin reveals that the resettlement there looks nothing like the presentation from the European Bank for Reconstruction and Development.
