Letter to Marubeni regarding potential investment in Plomin coal power plant, Croatia
September 19, 2013
This letter was sent in both English and Japanese
Letter to EDF regarding potential investment in Plomin coal power plant, Croatia (French)
September 19, 2013
Letter to KOSEP regarding potential investment in Plomin coal power plant, Croatia
September 19, 2013
The letter was sent in both English (pdf) and Korean (pdf).
Letter to Edison regarding potential investment in Plomin coal power plant, Croatia
September 19, 2013
The letter was sent in both English (pdf) and Italian (pdf).
New arrests link corruption with land expropriation at Serbian Kolubara mine
September 11, 2013
Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week’s arrests indicate that they are closely connected.
EBRD gives up Kolubara B lignite power plant project in Serbia
September 9, 2013
Subotica, Serbia — The European Bank for Reconstruction and Development (EBRD) confirmed Friday September 6 that it is no longer interested in financing the 750 MW Kolubara B lignite power plant project near Belgrade in Serbia. The project is proposed by Serbian electricity company Elektroprivreda Srbija, with Italy’s Edison as a strategic partner.
Energy consultations reveal lack of strategic thinking at the EBRD
September 6, 2013
With another public action, colleagues in Moscow are today bringing to a close a week that has seen the European Bank for Reconstruction and Development having to listen to a lot of uncomfortable truths.
Reality, climate change and global attention is catching up on the ‘sustainable energy’ bank (EBRD)
August 28, 2013
As part of the consultation on its energy sector strategy the EBRD next week hosts public meetings in Istanbul, Belgrade and Moscow to discuss with civil society from its countries of operation. While public pressure is increasing to end coal financing it is important to note that restrictions to carbon-intensive investments must be strictly and clearly defined in the strategy document if they are to improve the EBRD’s climate impact. An article from Bankwatch’s 2012 annual report (pdf) illustrates how a too flexible approach allows the EBRD to greenwash also very dirty investments.
[Campaign update] EBRD not digging for truth at the Kolubara mine, Serbia
July 26, 2013
By putting too much trust in its client EPS, the EBRD failed to notice that an important grievance mechanism for villagers near the mine was not in place – for two years. [*]
The EBRD plans more climate damaging loans in new energy policy draft
July 22, 2013
London – The European Bank for Reconstruction and Development (EBRD) published July 19 a draft (pdf) of its future energy policy. According to CEE Bankwatch Network, although the bank correctly depicts the urgency of transitioning towards low-carbon economies, it falls short when it comes to commitments: lending to fossil fuels is envisaged to continue, including for coal, the dirties of fossil fuels; and promises to support renewables and energy efficiency, though welcome, are not accompanied by persuasive benchmarks and timelines.
