The weakest link – the EBRD’s energy lending 2010-2016
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
More billions for fossil fuels overshadows European development bank’s climate pledges
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
Energy lending at the EBRD: Fossil fuels up, renewables down
December 11, 2017
What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?
Comments on the EBRD’s draft Extractive Mining Industries Strategy for 2018-2022
November 20, 2017
Bankwatch’s comments focus on the following areas: Sustainability and the Circular Economy, Transparency Standards, Human Rights, Coal Mining and Climate, Diversification, Resilience and Integration. See also our comments on Thermal and coking coal in
Thermal and coking coal in the EBRD’s draft Mining Strategy
November 20, 2017
In its new draft mining strategy, the European Bank for Reconstruction and Development demonstrates that it is still ready to finance coal mining.
Green Climate Fund’s preference for big players weakens transparency
October 31, 2017
The 18th meeting of the Green Climate Fund in the beginning of October confirmed again that big institutions are getting the biggest share of finances. This time it was the European Bank for Reconstruction and Development who left its mark.
People’s movements and civil society dismayed at AIIB Energy Sector Strategy
June 16, 2017
Grassroots movements, non-government organizations and civil society networks across Asia and the rest of the world expressed “strong disappointment and disagreement” today to the Energy Sector Strategy of the Asian Infrastructure Investment Bank.
The development of Mongolia’s energy sector: Going beyond coal
May 5, 2017
Mongolia’s fragile economic situation, with its high deficit and increasing foreign debt, is putting the country on a risk map for foreign investment. Even so, the government and international financial institutions show no sign of adjusting their plan
Asian Development Bank projects in Mongolia
May 5, 2017
With a dominance of coal in its energy sector, the Mongolian government is planning more than six new coal power plants over the next decade, despite already severe air pollution and public protests against the government’s inaction. The Asian Developm
Doing the same thing and expecting different results: Mongolia plans to curb air pollution with more coal
May 3, 2017
A new law on air pollution recently adopted by the Mongolian government is in part the result of massive demonstrations against air pollution in the capital. The new policy, however, involves even more reliance on coal.
