Risks for coal and electricity investments in the Western Balkans, Ukraine and Moldova due to state-aid rules
June 8, 2015
By signing the Energy Community Treaty in 2005, countries in the Western Balkans, Ukraine and Moldova agreed that the European Union’s competition rules are to be applied also within their territory. A number of energy sector investments are being planned that may not so far have taken adequate account of State aid rules. This briefing therefore provides a summary to draw attention to relevant requirements of EU law and highlight the risks of failure to take them into account when planning investments. The account when planning investments.
Jordan’s modern mirage: reporting from the Red Sea – Dead Sea Conveyance project
June 3, 2015
In November 2014 CEE Bankwatch Network visited Jordan to explore issues surrounding the Red Sea – Dead Sea Conveyance project. The aim of the mission was to understand better the problems, concerns and hopes of local communities living along the route of the project, and identify the risks and benefits of the project through interviews with specialists having knowledge of its development.
Better results and smoother uptake – guarantee partners’ involvement during EU funds implementation and monitoring
June 1, 2015
Despite some shortcomings of partners’ involvement during the Programming of the EU funds for 2014-2020, environmental partners could significantly improve the mainstreaming of environmental protection requirements throughout Partnership Agreements and Operational Programmes. It is now all the more important to ensure partners can contribute during the implementation and monitoring of EU regional development funding. This paper offers practical suggestions to strengthen the role of civil society: Enable timely access to all relevant information,
Reflections on biodiversity offsetting in Mongolia
May 25, 2015
A fact-finding mission in April 2015 to Mongolia identified serious concerns regarding the implementation of the new Mongolian Environmental Impact Assessment (EIA) legislation – in particular the specific provision on biodiversity offsetting. Oyu Tolgoi (OT), the largest mining investment ever licensed in Mongolia, has been the first project to include a biodiversity offset action in its EIA and related biodiversity management plan.
European Fund for Strategic Investments: Legal requirements to ensure additionality and added-value of EFSI operations
May 15, 2015
The first four projects that the European Investment Bank announced for financing under President Juncker’s EUR 315 billion investment initiative, the European Fund for Strategic Investments (EFSI), reveal the structural inconsistencies of both the EFSI legal set-up and the EIB procedures themselves. For the time being there is no genuine guarantee about the additionality of EFSI financing and added-value to EU’s long-term economic development objectives, in particular the multiple dividends of a decarbonised and decentralised energy system with substantial energy savings at its heart.
Interviewing the EBRD about the Kumtor gold mine
May 14, 2015
This interview was conducted during the EBRD annual meeting and business forum, 14-15 May 2015 in Tbilisi. The interview was led by Ryskeldi Satke (RS) with Dr. Alistair Clark (AC), EBRD’s Managing Director Environment and Sustainability Department; Michaela Bergman (MB), EBRD’s Chief Counselor for Social Issues Environment and Sustainability Department; and Dr. Dariusz Prasek (DP), Director, Project Appraisal Environment Department.
Bankwatch Mail 62
May 14, 2015
Коротко о публикации Материалы 62-го выпуска Bankwatch Mail были опубликованы сразу после ежегодной встречи Европейского банка реконструкции и развития в Тбилиси. Увеличение числа энергетических проектов с печальными последствиями для людей и планеты, − от подавления инакомыслящих в Азербайджане и уничтожения национального парка в Македонии до (частичного) успеха ядерной безопасности в Украине, – является основной темой данного выпуска.
Bankwatch Mail 62
May 14, 2015
Published on the heels of the European Bank for Reconstruction and Development’s annual meeting in Tbilisi, the red thread of Issue 62 of Bankwatch Mail is a slew of energy projects with grim implications for people and planet – from the crackdown on dissent in Azerbaijan to the destruction of a national park in Macedonia to a (partial) success for nuclear safety in Ukraine.
Operations suspended at one Ukrainian nuclear unit, as wider safety doubts persist
May 14, 2015
Citing 33 safety issue failings, at the end of April Ukraine’s nuclear regulator took the decision to suspend operations at Unit 2 of the South Ukraine nuclear power plant by a May 12 deadline, the date marking the end of the plant’s design lifetime. Under the terms of the Ukrainian State Nuclear Regulatory Inspectorate Council’s decision, should the state-owned nuclear energy operator Energoatom wish to resume the unit’s operations beyond its design lifetime it will have to implement all necessary measures by May 2017.
Repression and carbon lock-in required for security and sustainability?
May 14, 2015
With construction of the Trans-Anatolian gas pipeline (TANAP) in Turkey getting under way, the Trans Adriatic Pipeline (TAP) consortium awarding contracts for the construction of access infrastructure in Albania, and Russian pipeline plans lagging behind, the Southern Corridor for Azerbaijan’s gas exports to Europe is increasingly looking like a done deal. Or at least that is what the project promoters would have us believe.
