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Home > Publications > Briefing: The EBRD and the Serbian coal sector

Briefing: The EBRD and the Serbian coal sector

Briefing: The EBRD and the Serbian coal sector

Briefing    |    20 June 2011

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The European Bank for Reconstruction and Development and German development Bank KfW are considering supporting the development of a new field in the lignite open pit mine in the Kolubara mining complex in Serbia. Interestingly, the investment is categorised as “Environmental Improvement” on the EBRD’s website. But no matter how efficient future processing is, investments into perpetuating lignite production – the dirtiest of fossil fuels – instead of clean electricity generation alternatives rather resembles re-arranging the deck-chairs on the Titanic than serious ‘environmental improvement’.

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Institution: EBRD

Theme: Energy & climate

Location: Serbia

Project: Kolubara lignite mine, Serbia

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