Crédit Agricole violating own coal policies with new Croatian power plant support – new report
September 10, 2015
French bank Crédit Agricole’s support for a proposed major new coal plant project in Croatia is inconsistent with the bank’s climate ambitions and its own sector policy on coal-fired power plants, according to a new study released today. The analysis, by Friends of the Earth France and Croatia, Zelena Istra, CEE Bankwatch Network and BankTrack, screens the risks of the 500 megawatt Plomin C project proposed for development in the picturesque Istrian peninsula, a popular international tourist destination.
Investigation launched into Mongolian iron ore mine financed by European Bank for Reconstruction and Development for impacts on local communities
September 3, 2015
Updated September 10, 2015* Amsterdam/Ulaanbaatar/Prague – Last week, the independent accountability mechanism of the EBRD announced it will investigate *the Bank’s compliance with its environmental and social standards at a mine it finances and is operated by Altain Khuder in the Gobi-Altai region of Mongolia. The investigation comes in response to a complaint filed to the EBRD’s Project Complaint Mechanism (PCM) in December 2014 from herders affected by the project.
Azerbaijan: Sport for Rights coalition condemns sentencing of journalist Khadija Ismayilova
September 1, 2015
The Sport for Rights coalition strongly condemns the sentencing of Azerbaijani journalist Khadija Ismayilova to a staggering 7.5 years in jail. On 1 September, the Baku Court of Grave Crimes convicted Ismayilova on charges of embezzlement, illegal entrepreneurship, tax evasion, and abuse of office. Ismayilova was acquitted of the charge of inciting someone to attempt suicide. Sport for Rights considers the charges against Ismayilova to be politically motivated and connected to her work as an investigative journalist, particularly her exposure of corruption among the ruling Azerbaijani elite.
Azerbaijan: Sport for Rights coalition condemns sentencing of journalist Khadija Ismayilova
September 1, 2015
Коалиция «Спорт за права» решительно осуждает ошеломляющий приговор азербайджанской журналистке Хадидже Исмайловой, осужденной на 7,5 лет лишения свободы. 1 сентября Бакинский суд по тяжким преступлениям признал Исмайлову виновной по обвинениям в присвоении средств, незаконном предпринимательстве, уклонении от уплаты налогов и злоупотреблении должностными полномочиями. По обвинению в доведении человека до самоубийства Исмайлову оправдали. Коалиция «Спорт за права» считает, что обвинения против Исмайловой политически мотивированы и связаны с ее журналистскими расследованиями, в частности с разоблачениями коррупции среди правящей азербайджанской элиты.
Energoatom lawsuit against Ukrainian activists is the latest attempt to stifle public debate over an ageing nuclear energy fleet
August 28, 2015
A Kiev court held yesterday the first hearing in a case brought by Energoatom, Ukraine’s state-owned nuclear power plants operator, against the National Ecological Centre of Ukraine (NECU), a civil society group, member of the CEE Bankwatch Network.
European funding for a Lukoil gas project in Azerbaijan tramples the EU’s commitment to both climate action and human rights
July 23, 2015
A USD 500 million loan for the share of Russian gas giant Lukoil in a major gas project in Azerbaijan has been approved yesterday by the Board of Directors of the European Bank for Reconstruction and Development (EBRD). Yet, the decision will significantly hinder Europe’s commitments to decarbonise as well as to advance democracy.
MEPs challenge EU financial support for Ukraine’s Soviet-era nuclear fleet
July 1, 2015
Twenty-five Members of the European Parliament (MEPs) have signed a letter today urging the European Bank for Reconstruction and Development (EBRD) and Euratom to suspend their financial support for Ukraine’s ageing nuclear reactors until the potential environmental impacts of their prolonged operation in Ukraine and on neighbouring countries are fully assessed. The letter is available on the Bankwatch website.
Romanian environmental inspectorate orders closure of two coal plants operating outside EU pollution laws
June 30, 2015
Last week the Environmental Inspectorate in Hunedoara, Romania demanded the closure of two thermal power plants at Mintia and Paroşeni, because neither of the units complies with air quality requirements of the EU’s Large Combustion Plants Directive (LCPD). Hunedoara Energy Complex, which manages the Mintia and Paroşeni plants, has challenged the decision in court.
European Parliament approves Juncker Investment Plan, lacks guidance and oversight
June 25, 2015
Today the European Parliament approved the regulation establishing the European Fund for Strategic Investments (EFSI) at the heart of President Juncker’s EUR 315 billion investment plan. But critics say that the regulation lacks clear provisions for oversight of the fund and guidance for investments in green, sustainable and resource-efficient projects that are part of the fund’s mandate.
Illegal coal subsidies could cost south-east European countries dearly, warns new study
June 8, 2015
Prague – New investments in coal mines and power plants could cost the Western Balkans and Ukraine dearly if they fail to take into account binding rules on subsidies (State aid), according to a new briefing released today by CEE Bankwatch Network.
