Position on the Multiannual Financial Framework
July 9, 2018
For nearly three decades, the EU Budget, and especially sectoral instruments such as the Cohesion Policy, has been a proven catalyst in the fight against climate change and the transition to a low-carbon energy system. By providing public investments i …
The great coal jobs fraud (2018 UPDATE)
June 28, 2018
This study, an update of our November 2016 analysis, examines the claims and finds that in almost all cases, they are exaggerated. In fact, even the current levels of employment cannot be maintained and some companies such as Elektroprivreda Srbije and …
Belgrade waste public-private partnership (PPP)
June 19, 2018
The Vinča waste PPP contract between the City of Belgrade and the Suez-Itochu consortium raises numerous issues including the terms of the contract, the waste management model envisaged, and the impacts on the Roma population living on the landfill, as …
MHP corporate support and biogas loans – an update from the field
June 19, 2018
With over half a billion euros from the EBRD and the IFC, the leading Ukrainian agribusiness giant has grown into a near monopolist in poultry production. The company’s poor track record of stakeholder engagement and accountability towards impacted vi …
Submission to the EBRD strategy for Uzbekistan
June 19, 2018
It is important that the EBRD clearly indicates to the Uzbekistan government the need to have progress towards meeting those benchmarks from over 15 years ago that remain relevant to this day. We suggest that the Country Strategy will envisage an early …
New Kosovo power plant – an expensive and outdated anomaly in a decarbonising world
June 19, 2018
After years of delay, the New Kosovo lignite power plant took a step forward in 2017 with the signing of commercial contracts. However, numerous old issues, including carbon emissions, resettlement, and the dubious single-bidder procurement process, ha …
How can the EBRD maximise its leverage to bring about decarbonisation?
June 19, 2018
The economic viability of coal is ever decreasing. Without public financial support many coal investments are doomed to fail. Yet several institutions are still willing to finance an energy source that wrecks our climate, damages our health and wastes …
Low-carbon transition as it should be: three steps for the EBRD to have fewer headaches with hydropower projects
June 19, 2018
The use of third-party financial intermediaries by the public banks presents a huge barrier to transparency, with next to no information available about their clients’ operations. This has proven especially problematic in the hydropower sector, where f …
Nenskra Hydro Project – Update
June 19, 2018
The banks have a responsibility to ensure that when they make an investment, they mitigate and avoid situations that put persons at risk. The Nenskra dam in Georgia is one example where the lack of proper environmental and social assessment can potenti …
EPS restructuring loan
June 19, 2018
Despite its commitments to increase the share of renewables under the Energy Community and reduce greenhouse gas emissions within the process of EU accession, the Serbian government seems determined to remain locked-in to a carbon intensive energy syst …
