Failing Better or Climate Success?
December 10, 2018
All the shareholders of the EIB have ratified the Paris Agreement, and the bank itself has claimed during the One Planet Summit in New York that it will align all its activities with the Paris Agreement by 2020. As President Hoyer put it, ‘I am confide
Time for the EU’s bank to lead on the clean energy transition
December 7, 2018
As world finance paces up to adapt to the global fight against climate change, one main player is lagging behind: the European Investment Bank (EIB), the European Union’s bank.
Heroes of Just Transition
December 7, 2018
On Dec. 5, during the side event ‘Local communities build a post-coal future’ at the COP24 in Katowice, Bankwatch launched its publication ‘Heroes of Just Transition’, featuring seven stories from coal communities around central and eastern Europe, the
Submission to the EBRD strategy for Turkmenistan
December 7, 2018
Developments in Turkmenistan do not demonstrate commitments of the authorities to apply the political principles of the Article 1 of the Agreement Establishing the Bank. Intergovernmental organisations and CSO sources describe situation in Turkmenistan
Just Transition in four questions
December 3, 2018
At the COP24 in Katowice, Poland is inviting world leaders to endorse the Silesia Declaration on Solidarity and Just Transition. The document emphasizes the importance of decarbonizing economies to protect the climate in a socially responsible way, str
Results of air pollution independent monitoring call for immediate action in Balkan countries
November 26, 2018
Independent particulate matter monitoring implemented by CEE Bankwatch Network and partner organisations from the region between October 2016 and April 2017 in six different coal-heavy locations in the Balkans just scratched the surface of the impact t
Just transition in Bulgaria – mission possible for Maritsa Iztok energy complex?
November 23, 2018
Reflecting the European trend for phasing out highly polluting fuels like coal, this preliminary analysis outlines options for a just energy transition in the broad region surrounding the heart of Bulgarian coal energy – Maritsa Iztok energy complex in
Comments on the EBRD Draft Energy Sector Strategy
November 16, 2018
On 8 October the UN Intergovernmental Panel on Climate Change (IPCC) released its Special Report “Global Warming of 1.5oC”. The report warned that at the current level of climate commitments the world is on course for a disastrous 3 degrees Celsius of
Western Balkans power sector future scenarios and the EBRD
November 16, 2018
The Western Balkans, as a region that represents both a post-Socialist economy and EU accession region, can benefit greatly from up-to-date insights by the EBRD on how to move its energy transition forward more rapidly. Its decision-makers have not yet
EBRD renewable investments finally matched its fossil fuel investments in 2017 – So why is the bank’s draft Energy Strategy still fixated with gas?
October 15, 2018
The European Bank for Reconstruction and Development has recently issued a new draft Energy Strategy for public consultation that will define its activities in the energy sector from 2019-2023. It clearly commits to halt all direct financing for coal p
