Bankwatch

Home > Publication search results

Publication search results

The ETS Modernisation Fund: Catalysing a locally-driven energy transition in central and eastern Europe

Advocacy letter | 21 June, 2016 | Download PDF

Energy Cities, Counter Balance, CEE Bankwatch Network and Change Partnership see the ongoing revision of the European ETS as a crucial opportunity to support the EU in meeting its 2030 climate targets, deliver on the Paris agreement and accelerate the locally driven energy transition. We welcome the proposal to establish an ETS (Emission Trading System) Modernisation Fund for low-income Member States.


Submission to European Court of Justice: Request to release documents on European Commission decision on Euratom loan for Ukraine

Official document | 16 June, 2016 | Download PDF

Earlier in 2016, Bankwatch approached the European Commission’s Directorate General for Economic and Financial Affairs, and made a request for documents related to the EUR 300 million Euratom loan for Ukraine’s nuclear safety upgrade programme. Specifically, we asked for the evidence used by the Commission in making the first EUR 100 million disbursement from the loan.


The European Investment Bank and its energy sector lending 2013-2015

Briefing | 14 June, 2016 | Download PDF

This analysis of the European Investment Bank’s (EIB) energy lending shows that the bank has been effectively hindering Europe’s energy transition. Most notably, during 2013-2015, EIB lending to renewables in Europe has dropped whereas its lending to fossil fuels has modestly but consistently increased. Moreover, while EU leaders have repeatedly emphasised the ‘energy efficiency first’ principle, the EIB has been lagging behind with only 3.6% of its lending across sectors going to energy conservation projects.


Household survey in Drmno shows negative impacts of Kostolac B3 project, Drmno mine

Study | 13 June, 2016 | Download PDF

This sociological survey included 162 (or 65.9%) of the registered 246 households in Drmno, Serbia. It illustrates the bleak reality in the village where a large majority of households have health problems, cracks in houses and other negative impacts from the nearby lignite power plant and mine. The document is only available in Serbian. See also Bankwatch member CEKOR’s website [sr] for information on the survey.


EFSI case study: Bratislava bypass: A transport public-private partnership with high costs and limited benefits

Briefing | 8 June, 2016 | Download PDF

The so-called European Fund for Strategic Investments (EFSI) should unlock additional investment of at least EUR 315 billion over a three year period (2015-2017). One of the projects benefiting from the financing concerns the design, construction, operation and maintenance of about 27km of a motorway around Bratislava. The project will come with high costs, will damage biodiversity and likely not solve local transport problems.