Nenskra hydropower project: May 2019 update
May 14, 2019
Given the complexity of the Nenskra project and its immense impact on indigenous Svan communities and the country’s fiscal stability, the EBRD should take responsibility and not provide financial support until the project is properly assessed. Read mor
Policy on corporate loans based on PCM CRR on the EPS Restructuring project
May 6, 2019
The PCM has finalised the Compliance Review Report (CRR) of the EPS Restructuring project and has closed the case without further monitoring. We welcome the recommendation that clarification of the policy framework and strategic guidance are urgently r
Retrained and forgotten
April 16, 2019
This research analyses the context of downsizing the ining sector in the Jiu Valley, the concrete measures taken to mitigate the social impact in the areas hit by restructuring the mining sector and how successful these measures were.
Chinese-financed coal projects in Southeast Europe
April 8, 2019
EU member states Romania and Greece, as well as several EU enlargement countries in the Western Balkans, plan to build new lignite power plants. The Balkan coal plans starkly conflict with the Paris Agreement’s aim of limiting climate change to 1.5°C b
Letter to EBRD president Suma Chakrabarti
April 3, 2019
CEE Bankwatch Network, Arab Watch Coalition and the International Accountability Project call to the EBRD President, Sir Suma Chakrabarti, to ensure a people-centered Access to Information Policy. Communities, individuals, and civil society have the ri
Slovak aspects of the EIB Energy Lending Policy
March 31, 2019
One of the biggest challenges in Slovakia is to ensure systematic support for the development of decentralised, non-fossil and sustainable energy system. The European Investment Bank (EIB) already invested far too much into fossil gas (77 per cent of a
A review of EIB’s Energy Lending Criteria
March 28, 2019
The review of Energy Lending Criteria gives the bank the opportunity to align its energy financing with the Paris Agreement and catch up with the rapid developments in the clean energy sector, in order to provide the necessary financial boost for the d
Comments on the EBRD draft Accountability Policy
March 27, 2019
The draft Accountability Policy of the EBRD proposes a substantial and welcomed restructuring of the mechanism and improves on many of the issues of independence and predictability that hindered the PCM. However, the draft Policy does not yet rectify a
Comments on the EBRD draft Access to Information policy
March 27, 2019
Fulfilling the right of access to information is the beginning and foundation of true development that respects the rights of all people. Access to information goes hand-in-hand with meaningful consultation and stakeholder engagement to ensure that pro
Comments on the EBRD draft Environmental and Social Policy
March 27, 2019
We welcome the proposed improvements in the EBRD draft Environmental and Social Policy, including the stronger language on human rights, gender and vulnerable groups, as well as the reintroduction of the referral list for financial intermediary high ri
