• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bankwatch

  • About us
    • Our vision
    • Who we are
    • 30 years of Bankwatch
    • Donors & finances
    • Get involved
  • What we do
    • Campaign areas
      • Beyond fossil fuels
      • Rights, democracy and development
      • Finance and biodiversity
      • Funding the energy transformation
      • Cities for People
    • Institutions we monitor
      • European Bank for Reconstruction and Development
      • European Investment Bank
      • Asian Infrastructure Investment Bank
      • Asian Development Bank (ADB)
      • EU funds
    • Our projects
    • Success stories
  • Publications
  • News
    • Blog posts
    • Press releases
    • Stories
    • Podcast
    • Us in the media
    • Videos
  • Русский

Home > Archives for Fossil gas

Fossil gas

Hungary’s fracking shame: Green groups challenge expansion of controversial Corvinus project

February 13, 2025

Shale gas extraction, or fracking, is so infamous for its environmental impacts that it is banned in multiple European countries. In Hungary, however, the authorities are looking to expand a fracking project near the border with Romania, despite it already worsening the climate crisis and threatening local agriculture. Campaigners are challenging these risky plans.


Against all logic, Bosnia and Herzegovina’s Federal government ramps up fossil gas ambitions

January 14, 2025

Fossil gas makes up less than three per cent of total energy supply in Bosnia and Herzegovina (BiH), but instead of making use of the opportunity to leapfrog straight from coal to renewables, the Federation of BiH (FBiH) government is inexplicably expanding its gasification ambitions.


Bosnia and Herzegovina southern gas interconnector: ‘Why gas at all?’ should be the key question

December 18, 2024

The long-running controversy about the planned southern gas interconnector between Croatia and Bosnia and Herzegovina (BiH) has dramatically reignited this month. After fervent lobbying by the US Ambassador to BiH, a special law on the project was adopted by the first of two houses of the Federation of BiH entity parliament on 12 December. But political controversies have monopolized the debate, with hardly a word on its energy, economic or climate implications.


While the EBRD shows off its green credentials at COP29, its North Macedonia gas pipeline loan still brings more questions than answers

November 19, 2024

The EBRD has made significant investments in solar, wind and energy efficiency in recent years. But these have been undermined by its continued support for fossil fuels. This April, a EUR 98 million loan for the Greece to North Macedonia pipeline was approved, despite major leaks in the Bank’s rationale for supporting it. Recent delays have further exposed the flawed assumptions behind the project, as our new briefing shows.


Greece – North Macedonia gas interconnector update

November 19, 2024

This briefing takes an updated look at the Greece – North Macedonia gas interconnector project and concludes that the arguments in favour of the project are still not supported by convincing evidence and that the claimed benefits are highly unlikely to materialise.


Romania’s gas-fuelled climate plan lacks green ambition

November 7, 2024

After missing the legal deadline of 30 June 2024 by four months, Romania has finally submitted its national energy and climate plan (NECP) to the European Commission. However, despite the delay, several critical issues remain unresolved from the draft plan submitted in December 2023.  


Looking beyond the hype: Public funding of hydrogen in central and eastern Europe

October 31, 2024

This briefing analyses over-optimism about hydrogen’s role in the central and eastern European Member States – Hungary, Poland and Romania.


Cop29 host Azerbaijan set for major fossil gas expansion, report says

October 23, 2024

The new report, produced by Urgewald and CEE Bankwatch, found Azerbaijan was set to increase its gas production by a third in the next decade, with fossil fuel companies forecast to spend $41.4bn (£31.9bn) on the country’s gas fields.


Romania’s big bet on fossil gas proves a reckless gamble

September 5, 2024

Romania has hit the EU funds jackpot, securing significant amounts for fossil gas projects. However, implementation has been sluggish. More concerningly, these projects could delay Europe’s energy transition and deepen Romania’s dependence on fossil fuels.


Week in Review: Action or Inaction?

July 19, 2024

Governments and citizens across South-east Europe find themselves stuck between action and inaction in choosing whether and how to deal …


« Previous Page
Next Page »

Footer

CEE Bankwatch Network gratefully acknowledges EU funding support.

The content of this website is the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.

Unless otherwise noted, the content on this website is licensed under a Creative Commons BY-SA 4.0 License

Your personal data collected on the website is governed by the present Privacy Policy.

Get in touch with us

  • Bluesky
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • YouTube