The EIB cannot become a ‘climate leader’ while failing on transparency
November 10, 2021
The European Investment Bank (EIB) – the financial arm of the EU – is about to approve a new Transparency Policy that will allow the bank to keep hiding information on projects it considers to finance despite their potential impacts on people and the environment.
New Bankwatch analysis: Tuzla, in Bosnia and Herzegovina, could be a regional leader in sustainable heating
November 8, 2021
A new analysis published today by CEE Bankwatch Network shows that it is technically possible to entirely replace the use of coal with sustainable renewable sources for both local power and heating in Tuzla, in Bosnia and Herzegovina.
As world leaders pledge to end coal, Serbia lets polluters continue illegal operations
November 5, 2021
The Serbian parliament is expected to allow top polluters, including its antiquated fleet of coal power plants, to operate without environmental permits for three more years, under amendments to legislation set to be adopted on Tuesday, 9 November.
Response: G20 ends public financing for international coal-fired power projects, we ask China to walk away from Western Balkan coal projects immediately.
November 1, 2021
G20 nations including China have agreed to ending public financing for international coal-fired power projects this year [1], following on from similar commitments by the G7 and the OECD.
Pljevlja has unique opportunity to clean up its heating system
October 25, 2021
Montenegro’s overdue coal phase-out should be taken as an opportunity to develop state-of-the-art heating in Pljevlja, which is entirely possible and economically viable, a new expert study commissioned by CEE Bankwatch Network shows.
New report: European Investment Bank hydropower failures necessitate tighter rules
October 21, 2021
The European Investment Bank has financed a series of damaging hydropower projects since 2010 which underline the need to tighten its environmental and social standards, according to a new report published today by CEE Bankwatch Network and EuroNatur.
The European Parliament at risk of losing sight of climate crisis by getting ready to support new fossil gas projects
September 10, 2021
10th September 2021, Brussels – A majority in the European Parliament, including the Socialist and Democrats (S&D), look set to vote to lock in upwards of 213 million tonnes of carbon from fossil gas, as part of the revision of the EU’s key energy infrastructure law, the TEN-E Regulation.
EU complicity in colossal, lawless air pollution from Balkan coal plants must prompt swift action – new report
September 7, 2021
Around 19,000 people are estimated to have died over the past three years as a result of air pollution from Western Balkan coal-fired power plants, according to a report released today by CEE Bankwatch Network and the Centre for Research on Energy and Clean Air.
The EU Bank about to fail becoming a responsible lender
August 6, 2021
The European Investment Bank (EIB) is closing today the public consultation as part of the review of its Environmental and Social Sustainability Framework. A large group of civil society organisations (CSOs) sent today written contributions highlighting their disappointment with the EIB proposals, and calling for concrete actions to ensure that the EIB will operate as a responsible lender in the future.
European development bank’s new fossil fuels pledge falls short of aligning with the Paris Agreement
July 2, 2021
The governors of the European Bank for Reconstruction and Development (EBRD), representing 69 shareholder governments as well as the EU and the European Investment Bank, decided yesterday the Bank will decrease its support for the fossil fuels industry.
