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Home > Archives for Press release

Setting precedent, EU bank to drop all fossil fuels funding beyond 2020

July 26, 2019

Prague, Brussels – The European Investment Bank, the house bank of the EU, is proposing to end financing for all fossil fuels beyond 2020, becoming the first multilateral financial institution to make such a commitment in line with the Paris Agreement.

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Ahead of Asia Infrastructure Investment Bank meeting in Luxembourg, over 89 000 petition bank to drop Nenskra dam project in Georgia

July 12, 2019

Luxembourg, Prague, Tbilisi – Representatives from the “Stop Nenskra” campaign [1] showed up in Luxembourg at the Asia Infrastructure Investment Bank (AIIB) annual meeting on July 12th and delivered a petition to the international development banks calling them on not to finance the Nenskra hydropower plant project [2] in Svaneti, Georgia.

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Slovak government approves Just Transition plan for Upper Nitra

July 3, 2019

The Slovak government is today approving a plan for Upper Nitra’s transition away from coal, which was created based on inputs from the local community.

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North Macedonia: Complaint challenges unfair subsidy advantages for hydropower

July 1, 2019

North Macedonia’s renewable energy incentives scheme unfairly advantages small hydropower plants over other energy sources, shows a complaint submitted to the Energy Community [1] today by environmental groups Eko-Svest and CEE Bankwatch Network.

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Independent data highlights air pollution crisis in Tuzla, Bosnia and Herzegovina

June 25, 2019

Dust pollution in Tuzla, Bosnia and Herzegovina, has been twice the legal limit on two thirds of monitored days in 2018 and caused over one hundred premature deaths in adults during the year, according to independent new data published today in the report Lifting the Smog [1] by CEE Bankwatch Network, the Health and Environment Alliance – HEAL and the Center for Ecology and Energy in Bosnia and Herzegovina.

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Bankwatch statement on the EU’s 2050 climate neutrality goal and central and eastern European country positions

June 20, 2019

“With Germany now backing the EU’s 2050 carbon neutrality goal, all eyes are on Poland and other countries of central and eastern Europe that have to date refused to back this target because of their reliance on coal.

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Commission calls for higher ambition from central and eastern Europe in energy and climate plans

June 18, 2019

For immediate release. Brussels, Prague – Ahead of Thursday’s European Council summit where the EU’s long-term climate targets will take centre stage, the Commission has released an assessment of Member States’ national energy and climate plans (NECPs) and is pressing countries of central and eastern Europe (CEE) to do more so that Europe can meet its 2050 net-zero emissions objective.

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Just Transition plan for Slovak coal region Upper Nitra to be aproved today

June 12, 2019

The Upper Nitra regional parliament is today approving a plan for the region’s transition away from coal, which was created by the Slovak government based on inputs from the local community.

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In Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year

June 10, 2019

For immediate release. Prague, Tbilisi – A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report broadcast on 8 June by the national television station Rustavi 2 [1].

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Protests at pan-European motorway project as time runs out for key wildlife site

June 5, 2019

Dozens of activists from across Europe have protested and dropped a banner at an international road in Kresna gorge, Bulgaria, to protest against the lack of action from the European Commission and the Bulgarian government to save the key EU-protected wildlife site.

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