Western Balkans are massively expanding coal power – but the new plants may have to be closed again soon
March 29, 2017
Plans for new lignite power plants in Western Balkan countries do not take into account the effect of CO2 prices, according to a new Bankwatch study. As a result, the plants risk becoming uncompetitive in the future, with taxpayers footing the bill.
Why coal is not the way forward – facts versus myths
November 14, 2016
Coal is the single biggest contributor to global climate change. But governments and investors planning new coal capacities have a range of flimsy arguments why coal would be the best or the only alternative. This briefing busts a number of myths surrounding coal, such as “coal is cheap”, “alleviates poverty” or “coal is clean”.
Deceptive promises of new jobs in the coal sector don’t help workers, communities or the climate
November 14, 2016
Now is the time for southeast Europe to start an inclusive and just transition away from lignite, argues new Bankwatch research.
Overblown job promises in southeast Europe’s coal sector show the need for a just transition – report
November 14, 2016
Promises for new jobs in south-east Europe’s coal sector are exaggerated, a new Bankwatch report reveals. Hardly any coal operations across the region are economically viable, and as a result many coal workers, especially in the mines, are set to lose their jobs, even if the plans for countless new power plants materialise. Governments, coal workers and their wider communities need to work together towards a just transition.
The great coal jobs fraud – unrealistic employment claims in southeast Europe
November 14, 2016
This report reveals how and why promises for new jobs in south-east Europe’s coal sector are exaggerated. Hardly any coal operations across the region are economically viable, and as a result many coal workers, especially in the mines, are set to lose their jobs, even if the plans for countless new power plants materialise. Governments, coal workers and their wider communities need to work together towards a just transition.
A ray of light for communities in Serbia’s coal heartland
July 22, 2016
For more than 50 years, the lignite mines in Serbia’s Kolubara basin have been expanding, effectively engulfing the few small communities living between them. For local residents, whose homes have quite literally been teetering on the brink of the mines, life has become unbearable. But a recent court ruling might be paving the way to a long overdue reprieve for residents who have been promised to be relocated.
Response to statements regarding CEKOR in the Serbian media
June 9, 2016
CEKOR, as a non-governmental watchdog organisation, has since 1999 strived to promote sustainable development in Serbia and has a strong track record in supporting local communities harmed by development projects to advocate for their rights.
Western Balkan countries invest more than twice as much in coal as in wind power: new Bankwatch analysis
May 26, 2016
Western Balkan countries are planning investments in wind power, but these are being heavily outweighed by their investments in coal plants, according to a CEE Bankwatch Network analysis launched today. The region’s governments are actively planning 2800 MW of new coal plants but allowing only around 1166 MW of wind power plants to be built.
Western Balkans countries invest at least 2.4 times as much in coal as in wind power
May 26, 2016
All the Western Balkans countries have committed to increase their share of renewable energy by 2020 to reach between 25 and 40 percent of their energy mix, as part of their obligations under the Energy Community Treaty. Yet this is far from obvious when examining their investment plans for new power generation capacity. Governments are actively planning to build 2800 MW of new coal plants with construction cost of at least EUR 4.5 billion. In contrast, these countries are only planning to build around 1166 MW of wind power plants, at an estimated cost of EUR 1.89 billion.
Update on resettlements at Kolubara mine and other EPS operations
May 11, 2016
In October 2015 the independent Project Complaint Mechanism (PCM) of the European Bank for Reconstruction and Development found that the bank breached its environmental and social policy with regards to safeguarding the rights of communities impacted by mining operations of the Serbian state energy company EPS.
