Kolubara B: a project of the previous century
Briefing | 10 May 2013
The energy sector in Serbia is reminiscent of the industrial development strategy of the former socialist Yugoslavia, with thousands of megawatts of power plant capacities planned, and much of that production to be wasted, while people remain unable to afford their energy bills. The EBRD is set to fund this scenario with its support for a lignite-based, inefficient economy in Serbia. This briefing outlines arguments against financing the Kolubara B lignite power plant in Serbia.
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We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.
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