Civil society urges the EBRD to adopt responsible policies and reaffirm its commitment to promoting democracy
May 14, 2024
As the European Bank for Reconstruction and Development (EBRD) gathers for its 33rd Annual Meeting in Yerevan (1), civil society organisations have united to challenge the EBRD’s flawed policies. They highlight numerous cases where EBRD investments have had negative impacts on communities and the environment (2). CEE Bankwatch Network, a leading organisation in this effort, is also calling on the EBRD to take decisive action against the increasing repression of civil society in the countries where it operates.
More than money: New report reveals shortcomings in human rights policies of leading public development banks
May 6, 2024
As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.
EBRD approves EUR 98.6 loan for disputed fossil gas mega pipeline in North Macedonia
April 25, 2024
The European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR 98.6 million loan for a fossil gas pipeline that would allow North Macedonia to increase its gas consumption by three to six times compared to 2021, its highest-consuming year so far. (1)
Global civil society coalition demands G7 leaders to prioritise support for Ukraine at upcoming meeting
April 16, 2024
As the 2024 G7 Foreign Affairs Ministerial approaches on April 17-19 in Capri, Italy, a coalition of leading organisations is calling on G7 nations to demonstrate unwavering support for Ukraine by taking concrete actions to address the country’s critical energy issues.
New report: EU must act to prevent needless environmental and social damage by Corridor Vc motorway in Bosnia and Herzegovina
April 5, 2024
The European Commission and EU public banks must press for a revision of the Corridor Vc motorway route near Mostar in Bosnia and Herzegovina (BiH) if excessive environmental and social harm is to be avoided, finds a CEE Bankwatch Network report published today. (1)
NGOs request investigation into EBRD loan for North Macedonia mega gas pipeline
March 25, 2024
Environmental watchdogs CEE Bankwatch Network and Eko-svest have today asked the European Bank for Reconstruction and Development’s (EBRD) redress mechanism to investigate a planned loan for a major new fossil gas pipeline from Greece to North Macedonia.
Mostar locals continue to resist Corridor Vc routing amid new tunnel loan talks
March 19, 2024
On 11-13 March a Bankwatch team visited Mostar and the nearby villages of Kosor, Ortiješ and Malo Polje. The team met with more than 25 landowners from the three villages, visited vineyards in Ortiješ, nearby construction sites on the Corridor Vc, and the Podveležje ridge. They discussed with local people the developments in the valley, ongoing legal action and the results of complaints at the EBRD’s accountability mechanism.
Beyond profit: Launch of report on EU’s green finance challenges
March 12, 2024
Ahead of the upcoming EU elections, uncertainty surrounds the financing of the EU’s climate agenda and the future of flagship initiatives such as the European Green Deal and the NextGenerationEU fund. Despite ambitious intentions, progress on environmental sustainability and economic recovery is failing to improve people’s well-being, according to a new report by the Citizens’ Observatory on Green Deal Financing.
Environmental groups urge European Commission to speed up nature safeguards in the Western Balkans, Ukraine, Georgia and Moldova
February 23, 2024
The EU must accelerate plans to strengthen nature protection rules for energy infrastructure development under the Energy Community Treaty (1), 36 civil society organisations today urged the EU Commissioner for Environment, Virginijus Sinkevičius, in a joint letter.
Halfway there but facing a mid-life crisis: why the EU’s recovery fund is failing to deliver
February 21, 2024
The European Commission’s mid-term evaluation of the Recovery and Resilience Facility, published today, delivers an overly positive assessment. According to CEE Bankwatch Network, the EU’s landmark fund, which was expected to bring about a ‘green recovery’, still faces numerous implementation challenges.
