The EBRD, KfW, coal and corruption: European money in the Kolubara mine in Serbia
Briefing | 12 March 2013
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.