How many white elephant projects can you fit into EU funds programming?
August 8, 2014
Some Czech projects proposed for EU funding are already sticking out as ‘white elephant’ investments. As the final spending decisions for 2014-2020 shape up, Bankwatch will be keeping a close eye on the likely stampede of similar project concepts all across central and eastern Europe.
Energy efficiency to the fore in Latvia’s EU funds plans – but will it be enough?
August 8, 2014
As Latvia’s authorities look to finalise EU funds allocations for the 2014-2020 period, the nation’s energy supply – where it is sourced from and how it is being used – remains the elephant in the room. As in every economy, energy is a crucial sector, with significant influence over the overall national economy and its development. An ambition and a challenge for Latvia is how to improve its energy independence, and quickly.
The Euro-Caspian Mega Pipeline – another ‘Blair rich project’
August 8, 2014
The hiring of former British prime minister Tony Blair to advise a BP-led consortium pushing forward with plans to pump Caspian gas from Azerbaijan to Europe has bumped the ‘Euro-Caspian Mega Pipeline’ (ECMP) into western media coverage and lead to criticism of yet another unsavoury Blair consultancy.
EU funds and biomass: Slovakia risks losing sight of both the wood and the trees
August 8, 2014
EU funds for the 2014-2020 budgetary period look set to further fuel the massive over-exploitation of biomass for energy use in Slovakia. Formally, both the European Commission and the Slovak Ministry of Economy have announced the introduction of sustainability rules to govern the use of new EU money. Yet only the final phase of EU funds programming – now under way – will determine whether or not this latest injection of EU investment money will recklessly contribute to the destruction of Slovakia’s key natural treasure – its forests.
Opportunities and expectations towards the EIB climate policy review
July 24, 2014
After effectively phasing out lending to lignite and coal-fired power plants in its energy policy in 2013, the EIB is now reviewing its climate policy. This joint NGO letter expresses the expectations towards the EIB to align its lending further with climate science and the EU Roadmap 2050 by proposing a genuine strategy for the bank to phase out funding for projects that are detrimental to the climate and to mainstream climate considerations into each and every sector of operations the Bank is engaged in.
Human rights defenders clampdown in Azerbaijan – letter to Commissioner Fule asking to support civil society
July 18, 2014
The letter asks EU Commissioner for Enlargement and European Neighbourhood Stefan Fule to put pressure on the Azeri authorities and support and protect civil society that faces an escalating suppression. Last week more than 20 NGOs were confronted with sanctions that included freezing bank accounts and seizing personal accounts of NGO executives and others. This is a continuation of the government’s on-going harassment campaign against human rights defenders that uses tactics like police summons, arrests, propaganda, and slandering and threating organisations with closure.
Deficiencies in the implementation of the partnership principle in Cohesion Policy – Response from DG Regio
July 16, 2014
This is the response to a letter from 19 European organisations regarding deficiencies in the implementation of the partnership principle in Cohesion Policy.
Streamlining environmental assessment procedures for Projects of Common Interest (PCIs)
July 15, 2014
This briefing outlines the environmental legislation related to investments that have been designated as Projects of Common Interest (PCIs). Through this briefing we explain for a range of stakeholders – namely civil society organizations (CSOs), local municipalities and national authorities – what are the PCIs and why these audiences should ensure that these projects do not cause undue environmental damage.
Briefing: Turceni coal power plant rehabilitation
July 12, 2014
While it may seem to be an environmental project at a quick glance, there are a number of facts that question the justification of the Turceni unit 6 rehabilitation project. The Turceni unit 6 project isn’t just a rehabilitation of the power plant unit, it is part of a county-wide operation with ignored social and environmental impacts. The immediate question is whether this is it really a pollution reduction project.
Letter: EBRD flood response in Serbia should diversify away from lignite
July 7, 2014
This letter, co-signed by Serbian, regional and international NGOs and sent to the Board of Directors of the European Bank for Reconstruction and Development ask whether in the aftermath of the recent floods in the western Balkans, the EBRD’s response will prop up Serbia’s coal sector or whether it will ensure that its post-flood assistance is used for much needed residential energy efficiency improvements and sustainable renewable energy.
