Comments on the EBRD’s 2006 Energy Operations Policy and recommendations for the forthcoming Energy Strategy
January 15, 2013
As the first step in its review of its Energy Operations Policy, the EBRD asked for input on its current policy before moving on to write the new sectoral strategy. In our comments, Bankwatch highlighted the current policy’s lack of restrictions on climate-damaging projects including coal power plants and the need for the bank to adopt strict sustainability criteria in order to ensure that it supports only truly sustainable renewable energy.
December 14, 2012
After long delays and more than three years in the making, the European Bank for Reconstruction and Development (EBRD) finally in early November published its new mining sector policy. Yet both the consultation process and the final outcome have left “consulted stakeholders” disappointed.
November 6, 2012
The European Bank for Reconstruction and Development boasts of having invested 10 billion euros in sustainable energy since 2006. A closer look reveals that although the bank’s efforts deserve recognition, several investments make a mockery of ‘sustainability’.
‘Comments noted’, business as usual continues. The marginal public influence on the EBRD’s new mining policy
November 2, 2012
After long delays and more than 3 years of preparation the European Bank for Reconstruction and Development has finally completed and published a policy for its operations in the mining sector. Both the consultation process and the final outcome must leave “the consulted stakeholders” disappointed.
November 2, 2012
The long awaited EBRD Mining Operations Policy was released last week without much noise. It has taken the EBRD more than 3 years to prepare a document which had raised hopes it could improve the bank’s activities in the mining sector. Most of these hopes, however, have not been fulfilled.
October 9, 2012
With the EBRD due to sign off on its new mining strategy in November this year, 22 MEPs have pointed out in an open letter to European commissioners that given the state of the policy draft the bank risks contradicting the EU Resource Efficiency Roadmap and responsible mining principles. At risk of being compromised too, Bankwatch believes, are the EU’s 2020 strategy and EU commitments on climate change and biodiversity protection.
October 4, 2012
The letter is asking the Serbian government to protect Vreoci community property in the Vreoci cemetery and especially an orthodox chapel that is property of Vreoci citizens.
September 21, 2012
Polscy przeciwnicy budowy kopalń odkrywkowych węgla brunatnego zyskują nowych sojuszników. Poparcie otrzymali już od podobnych organizacji działających w Niemczech, przedstawiciele kolejnych krajów deklarują pomoc w walce z odkrywkami w Polsce i Europie
July 10, 2012
The communities in Vreoci request the EBRD to suspend the loan for the Kolubara lignite mine because of the project company’s failure to meet performance requirements regarding: – community health, safety and security – information disclosure and stakeholder engagement – land acquisition and resettlement – environmental and social appraisal management – pollution prevention and abatement
June 28, 2012
On a visit to the Kolubara mining complex in Serbia, Bankwatch staff was denied a meeting with the mining company, because of them caring for the environment.