• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bankwatch

  • About us
    • Our vision
    • Who we are
    • 30 years of Bankwatch
    • Donors & finances
    • Get involved
  • What we do
    • Campaign areas
      • Beyond fossil fuels
      • Rights, democracy and development
      • Finance and biodiversity
      • Funding the energy transformation
      • Cities for People
    • Institutions we monitor
      • European Bank for Reconstruction and Development
      • European Investment Bank
      • Asian Infrastructure Investment Bank
      • Asian Development Bank (ADB)
      • EU funds
    • Our projects
    • Success stories
  • Publications
  • News
    • Blog posts
    • Press releases
    • Stories
    • Podcast
    • Us in the media
    • Videos
Home > Publications > The EBRD, KfW, coal and corruption: European money in the Kolubara mine in Serbia

The EBRD, KfW, coal and corruption: European money in the Kolubara mine in Serbia

The EBRD, KfW, coal and corruption: European money in the Kolubara mine in Serbia

Briefing    |    12 March 2013

Download

Linked to a slew of controversies, the Kolubara lignite mining project in Serbia is in line for support from European public banks. Corruption allegations, pollution at local level, irregularities in resettlement of local populations and not to forget a climate damaging approach to energy investments should be reason enough to find alternative options.

This updated briefing explores the most recent and the most important concerns related to the project and how the two development banks EBRD and KfW (Germany) failed to take them into account so far.

Earlier versions of the briefing are available from May 2012 (pdf), November 2011 (pdf) and June 2011 (pdf)

Download
Institution: EBRD

Theme: Energy & climate | Social & economic impacts

Location: Serbia

Project: Kolubara lignite mine, Serbia

Never miss an update

We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.

More about our work

More about us

STAY INFORMED





Footer

CEE Bankwatch Network gratefully acknowledges EU funding support.

The content of this website is the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.

Unless otherwise noted, the content on this website is licensed under a Creative Commons BY-SA 4.0 License

Your personal data collected on the website is governed by the present Privacy Policy.

Get in touch with us

  • Bluesky
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • YouTube