Bankwatch Mail 49
September 21, 2011
This edition focuses mostly on the European Investment Bank and EU funds related issues. Among the questions we discuss are: How is the EU budget, this 1 trillion euro process, shaping up, and will sustainability finally have a bigger role? and Will EIB investments in the Southern Mediterranean bring benefits to the people there or to Western companies?
EU funds briefing: Transport cohesion on the right track?
September 5, 2011
This paper describes experiences with the EU funded Transport Operational Programmes (further referred to as OPTs) in four central and eastern European countries: Bulgaria, the Czech Republic, Estonia and Poland. Individual country reports have been produced after 4 and a half years of the respective OPTs” implementation in the current EU budgetary period 2007-2013, and they identify the main facts, weak points and lessons learned in the process of preparation and implementation of the programmes.
Report from a fact finding mission to ArcelorMittal Temirtau
August 15, 2011
ArcelorMittal received a loan from the European Bank for Reconstruction and Development (EBRD) for health and safety improvements in its Kazakh coal mines. While fatal accidents at the mines continue, the company has so far not provided sufficient information to allow the project’s assessment. We visited Temirtau to talk with miners directly about the company’s health and safety performance. Video testimonies can also be seen on our website.
The Polnoc power plant in Poland. A plan for the biggest greenfield coal project in Europe.
August 10, 2011
At a whopping 2000 MW, the planned Polnoc power plant (Elektrownia Polnoc) in northern Poland would be the largest greenfield coal-fired power plant in Europe. Located in the Pomerania region, which until now has had no coal industry and in recent years has witnessed an unprecedented surge in the wind energy projects, the plant would sit perilously close to three Natura 2000 sites and cool itself with waters from the nearby Vistula river.
Gender and international financial institutions. A guide for civil society.
August 10, 2011
The toolkit is based on experiences of different Bankwatch campaigners who have witnessed all kinds of problems caused by internationally sponsored projects. The toolkit is meant to support NGOs from the early steps of their engagement with IFI-sponsored projects. It gives hints about how to identify potential gender related problems and shows ways to prepare for the prevention or mitigation of such problems.
Bankwatch Mail 8
August 7, 2011
In this issue: Kyoto in Bonn * Combating poverty in Georgia * Oil revenues for Weapons * Nukes in Ukraine * EIB Info Policy * EBRD – Language Apartheid * PVC ban in Slovakia * Two new World Bank strategies * Yugoslavia Gets USD 1,3 billion
Comments on the draft EBRD country strategy for the Kyrgyz Republic
August 5, 2011
As the Kyrgyz Republic is an Early Transition Country with limited capacity for additional external borrowing and in light of recent political events in the country, Bankwatch emphasizes that the EBRD must carefully weigh and analyse any project it considers for financing in this particularly vulnerable country.
Investment plan for Sostanj lignite power plant TES6 (version 4, unofficial translation)
August 4, 2011
The new version of the investment programme for a new unit at the Sostanj lignite power plant was prepared by the project promoter after the Slovene government expressed doubts over the economic viability of the investment. All the three previous versions of the document were hidden from the public eye.
Letter to EBRD: Call to reject Kolubara project based on pressing human rights and climate concerns
July 25, 2011
Serbian and international civil society organisations call on the EBRD board of directors not to finance the Kolubara lignite mine project since it would constitute the indirect support of human rights violations committed by the project promoter and furthering coal dependency in the Serbian energy sector.
Information request regarding justification for approval of the Kolubara lignite mine project
July 20, 2011
The letter poses questions regarding the environmental and social appraisal for the Kolubara lignite mine project and the due diligence carried out by the EBRD before the project’s approval by the EBRD: How has the EBRD assessed the corporate behaviour of the Kolubara and EPS companies towards communities affected by the extension of mining operations? How has the EBRD defined the project’s influence in the Kolubara basin? Can EBRD staff provide studies or numbers justifying Serbia’s need for further growth of coal production?
