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A perfect storm: The Western Balkans power sector in the time of CBAM

Report | 29 October, 2025 | Download PDF

Starting with the EU’s Carbon Border Adjustment Mechanism (CBAM) full implementation in January 2026, most electricity generation companies in the Western Balkans will be heavily affected.


Open Letter to Participants of High-Level Decision-Making Meeting on the 2nd PCI/PMI List

Open letter | 23 October, 2025 | Download PDF

In an open letter ahead of the October 2025 meeting of the EU’s High-Level Decision-Making body on the Projects of Common Interest and Projects of Mutual interest list, Bankwatch and 33 civil society groups warn that the process could be fuelling the EU’s misguided dash for hydrogen, further entrenching dependence on fossil gas and sabotaging Europe’s energy transition.


EIB urban transport projects in Ukraine: Lessons from Ternopil and Lutsk

Briefing | 17 October, 2025 | Download PDF

In recent years, the EIB has provided significant financial support aimed at modernising Ukraine’s urban transport systems. However, implementation challenges and major delays have stalled progress.


Corridor Vc in Bosnia and Herzegovina: Environmental and social impacts can no longer be ignored

Briefing | 17 October, 2025 | Download PDF

The EU’s flagship infrastructure project in Bosnia and Herzegovina – the 330-kilometre Corridor Vc motorway – now stands at a critical crossroads. To date, only one-third of the corridor has been completed, financed through more than EUR 3 billion in loans and grants from the EU, the EIB, and the EBRD. 


Fallout and failures: EIB’s East–West Highway investments in Georgia amid authoritarian takeover

Briefing | 17 October, 2025 | Download PDF

The EIB’s massive EUR 1 billion highway investment in Georgia has proved disastrous for impacted communities due to the country’s authoritarian turn and chronic project mismanagement.