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
The cost of turning a blind eye: EIB lending to Israel’s ICL
June 18, 2018
The toxic wastewater spill from the Rotem Amfert plant that caused a severe environmental disaster in Ashalim Stream, Israel, in late June 2017 joins a long list of pollution events the company has been responsible for through the years. In fact, even
The European Commission’s platform for coal regions in transition: case studies highlight tilt toward coal companies
June 5, 2018
Without adhering to the partnership principle, the Platform for Coal Regions in Transition risks benefiting coal companies at the expense of local communities, in blatant contradiction to its stated goal. In Poland and Slovakia, lack of transparency an
Complaints to IFC and EBRD regarding their investments in MHP
June 5, 2018
The complaint alleges that since the start of MHP operations in Vinnytsia in 2010, continuous odor and dust from a significant and growing number of facilities and the application of manure on nearby fields has made local life untenable. MHP activities
Nenskra complaint to the European Investment Bank
June 1, 2018
In our opinion, the European Investment Bank (EIB) has failed to comply with the Standard 7 by not respecting the status of Svans as indigenous peoples. The Bank did not fulfill its environmental and social standards: it ignored the project’s significa
Request to the EBRD’s PCM on the Nenskra hydropower project
May 30, 2018
The conclusions of the EBRD’s Environmental and Social Impact Assessment (ESIA) are not guided by detailed field work and focus group research with the affected communities – indigenous Svans, nor are they based on the robust and objective analysis of
Chinese-financed coal projects in Southeast Europe
May 15, 2018
Several EU enlargement countries in the Western Balkans – as well as EU member states Romania and Greece – plan to build new lignite power plants. In contrast, the EU aims to decarbonise its energy sector by 2050, most EU countries no longer build new
Nenskra hydropower project – May 2018 update
May 10, 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
Low-carbon transition as it should be: three steps for the EBRD to have fewer headaches with hydropower projects
May 10, 2018
While it is positive that banks want to finance the much-needed transition away from coal towards renewable energy in the Balkans, it is crucial to ensure that the cure is not worse than the disease. Most of the projects planned in the Balkans are smal
EPS restructuring loan
May 10, 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