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Bankwatch Mail 8

Bankwatch Mail | 7 August, 2011 | Download PDF

In this issue: Kyoto in Bonn * Combating poverty in Georgia * Oil revenues for Weapons * Nukes in Ukraine * EIB Info Policy * EBRD – Language Apartheid * PVC ban in Slovakia * Two new World Bank strategies * Yugoslavia Gets USD 1,3 billion


Comments on the draft EBRD country strategy for the Kyrgyz Republic

Policy comments | 5 August, 2011 | Download PDF

As the Kyrgyz Republic is an Early Transition Country with limited capacity for additional external borrowing and in light of recent political events in the country, Bankwatch emphasizes that the EBRD must carefully weigh and analyse any project it considers for financing in this particularly vulnerable country.


Investment plan for Sostanj lignite power plant TES6 (version 4, unofficial translation)

Official document | 4 August, 2011 | Download PDF

The new version of the investment programme for a new unit at the Sostanj lignite power plant was prepared by the project promoter after the Slovene government expressed doubts over the economic viability of the investment. All the three previous versions of the document were hidden from the public eye.


Letter to EBRD: Call to reject Kolubara project based on pressing human rights and climate concerns

Advocacy letter | 25 July, 2011 | Download PDF

Serbian and international civil society organisations call on the EBRD board of directors not to finance the Kolubara lignite mine project since it would constitute the indirect support of human rights violations committed by the project promoter and furthering coal dependency in the Serbian energy sector.


Information request regarding justification for approval of the Kolubara lignite mine project

Advocacy letter | 20 July, 2011 | Download PDF

The letter poses questions regarding the environmental and social appraisal for the Kolubara lignite mine project and the due diligence carried out by the EBRD before the project’s approval by the EBRD: How has the EBRD assessed the corporate behaviour of the Kolubara and EPS companies towards communities affected by the extension of mining operations? How has the EBRD defined the project’s influence in the Kolubara basin? Can EBRD staff provide studies or numbers justifying Serbia’s need for further growth of coal production?


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