No resolution for Ukrainian villagers after three years of negotiations with agro-giant MHP
February 7, 2022
‘Peaceful negotiations’ between village residents in Vinnytska oblast and Myronivskyi Hliboprodukt (MHP), the largest agribusiness company in Ukraine, have ended abruptly, leaving all issues related to the company’s impacts on local communities unresolved.
It is time for EBRD to become the lighthouse for fossil-free development banks
June 24, 2021
On the occasion of its 30th anniversary, the European Bank for Reconstruction and Development (EBRD) has the opportunity to help avert climate breakdown by putting itself at the heart of the global transition to a carbon-free economy. This joint state
Tashlyk hydro pumped storage plant, Ukraine
April 7, 2021
On 12 May 2020, the European Investment Bank (EIB) announced that it is considering financing the completion of the Tashlyk hydro pumped storage plant (HPSP) project. The Ukrainian state-owned enterprise National Nuclear Energy Generating Company (Ener
A letter to the EBRD on Green Cities
February 3, 2021
Bankwatch and six of our NGO partners jointly drafted a letter and shared it with EBRD outlining the issues attached to specific cases we are following, as well as our recommendations to help EBRD infrastructure funding serve the needs of the communities and the environment.
Corridor Vc in Bosnia and Herzegovina
January 29, 2021
The transport Corridor Vc is a motorway planned to run for 330 kilometers through Bosnia and Herzegovina. Various sections of this corridor are being financed by the EIB and the EBRD. This briefing provides an overview of the key issues identified by a Bankwatch fact finding mission to a section of the motorway project south of Mostar, including non-transparent decision making, a threat to the fragile balance of interests of different ethnic groups in this post-war community, illusory public consultations, and biodiversity at risk.
NEW REPORT: EU push for metals mining is a raw deal for people and environment
January 28, 2021
With a fair and digital transformation topping the priorities of the Portuguese EU presidency, the European Green Deal’s push for raw materials should not come at the expense of workers, local communities and nature, warns a new report from CEE Bankwatch Network.
Raw Deal
January 28, 2021
Europe wants to be the first continent to become climate neutral by 2050 and the leader in ensuring that all of the world’s ecosystems are restored, resilient and adequately protected by 2050.
EIB needs fundamental reforms to back its sustainable finance plans
January 20, 2021
Following today’s annual press conference of the European Investment Bank (EIB), in which the Bank’s President Werner Hoyer, presented its role in supporting the EU’s response to the Covid-19 pandemic and the ensuing economic downturn in “smart and green” way, Bankwatch’s campaigners commented on the EIB’s sustainability track record and key deficiencies in the Bank’s policies that have been missing in President Hoyer’s statements today.
EU state aid rules must finally end environmentally harmful subsidies for energy projects
January 12, 2021
As the European Commission reviews its Guidelines on State Aid for Environmental Protection and Energy, it must finally stop subsidies for activities contradicting EU climate and environment policies.
EU Ombudsman launches investigation into financing of Europe’s largest fossil fuels project
December 17, 2020
The European Investment Bank (EIB) has dangerously downplayed the contribution of the controversial Southern Gas Corridor to the unfolding climate crisis, according to a complaint that prompted the European Ombudsman to open a formal inquiry.
