Energy Efficiency – Just Do It! Act now for warmer homes, local jobs and cleaner air!
September 29, 2015
This report explains the importance of the EU’s Energy Efficiency Directive (EED) and argues why it must have the strongest objectives and targets as possible for SEE countries.
Request for information on EIB loans to Volkswagen
September 25, 2015
Following revelations about Volkswagen cheating in emissions tests and about the European Investment Bank’s substantial support for VW – including loans for research and development of cleaner engines, Bankwatch requested information on EIB loans to the car maker. The bank provided highly insufficient responses. Read more here >>
A clear and present danger – How financial institutions and authorities have failed to address the human impacts of resettlement in Serbia’s lignite mining fields
September 25, 2015
This study shows how the European Bank for Reconstruction and Development has failed to enforce several of its basic principles on involuntary resettlement in the Kolubara Mining Basin, one of the largest sources of lignite in Europe, where mining has continued for over fifty years.
Black earth – Agribusiness in Ukraine and the marginalisation of rural communities
September 14, 2015
Given Ukraine’s abundant land resources and food production potential, modernisation of agriculture is necessary and industrialisation is inevitable. Yet, an investigation into the Vinnytsia poultry complex shows the negative side effects of large-scale industrialisation of meat production and sounds the alarm about the risks that agroholdings pose to communities.
Analysis of compatibility of the Plomin C coal plant with Credit Agricole’s energy policies
September 10, 2015
The analysis, by Friends of the Earth France and Croatia, Zelena Istra, CEE Bankwatch Network and BankTrack, screens the risks of the 500 megawatt Plomin C coal power plant project proposed for development in the picturesque Istrian peninsula in Croatia, a popular international tourist destination. It concludes that French bank Crédit Agricole’s support for the project is inconsistent with the bank’s climate ambitions and its own sector policy on coal-fired power plants. according to a new study released today.
Letter: Substantial amendments needed for EIB climate strategy
September 8, 2015
The European Investment Bank’s draft Climate Strategy, although it presents a few interesting technical opportunities, does not constitute a fully-fledged strategy: it lacks strong and measurable objectives, relevant action plans and clear implementation timelines to support those objectives. Bankwatch, urgewald, Counter Balance and WWF Europe therefore ask the EIB to make substantial amendments to the draft in the following three areas: energy efficiency, the cimate action target and the emissions performance standard.
Ukraine nuclear lifetime extensions require impact assessment in compliance with Aarhus and Espoo convention
August 18, 2015
On several occasions the European Bank for Reconstruction and Development stated that operations of its clients should comply with all international treaties and other legal obligations. In spite of these reassurances, Energoatom in Ukraine keeps ignoring its international obligations, as outlined in the Espoo Convention, in the processes of assessing the life-time extension of its nuclear reactors.
Letter to European Commission: Reconsider disbursement of loans for Ukraine nuclear project
August 10, 2015
In this letter, Bankwatch asks the European Commission to reconsider the disbursement of the Euratom and EBRD loans for the Ukraine nuclear safety upgrade programme that effectively enables the lifetime extensions at Ukraine’s nuclear reactors. The letter provides evidence for the intertwined character of the upgrade programme and the lifetime extensions and for Ukraine’s refusal to meet its obligations under international conventions.
Letter to European Commission (DG ECFIN): Ukraine does not meet obligations under international law
August 10, 2015
The European Commission stated in an earlier letter that any decision by Ukraine to extend the life-span of any of its nuclear power plants will require assessment under the Aarhus and Espoo Conventions. In this letter, Bankwatch offers evidence for how Ukraine is indeed extending the lifetimes of its nuclear reactors but not meeting its obligations under the conventions.
Publish What You Pay: ‘Lukoil loan would fundamentally contradict EBRD policies’
July 21, 2015
The Board of the Extractive Industries Transparency Initiative (EITI), a coalition of companies, governments, investors and civil society organisations has unanimously downgraded Azerbaijan to a “candidate country”. Azerbaijan will be suspended from the EITI in April 2016 if it does not comply with a set of requirements that ensure civil society can work freely in the country.
