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A Partnership of unequals – Electricity exports from the eastern neighbourhood and western Balkans

Study | 7 June, 2012 | Download PDF

Cooperation in the energy sector is one of the European Union’s key priorities in its relationships with neighbouring states. Although the promotion of energy efficiency, energy savings and the use of renewable energy sources should be the primary areas of cooperation along with “energy security”, the latter receives the lion’s share of attention and in several cases also a disproportionally large amount of financial support. This can have several negative environmental and social implications as this study shows.


Letter to EBRD requesting evaluation of K2R4 safety modernisation before considering new loan to Ukraine’s nuclear energy sector

Advocacy letter | 1 June, 2012 | Download PDF

Due to a number of so far unfulfilled project measures in an EBRD financed safety modernisation project in Ukraine (K2/R4 post start-up safety modernisation programme), Bankwatch has asked the EBRD’s Chief Evaluator for a thorough evaluation before further loans for Ukraine’s nuclear energy company Energoatom are being considered.


Revealed: EBRD climate crimes rising

Bankwatch Mail | 17 May, 2012 | Download PDF

EBRD efforts to clean up its energy lending in central and eastern Europe are being undermined by extensive fossil fuel investments, with astonishing increases in the EBRD’s backing for coal and oil projects in 2011.


Tug of War: Fossil fuels vs. green energy at the EBRD

Briefing | 17 May, 2012 | Download PDF

The briefing summarises the findings of the Bankwatch study ‘Tug of War: Fossil fuels vs. green energy at the EBRD’. The study shows that almost half of the 6.7 billion euros lent to energy related projects by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.


Tug of War: Fossil fuels versus green energy at the EBRD

Study | 17 May, 2012 | Download PDF

Our study shows that almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy efficiency from actually making a difference in the global fight against climate change.