Bankwatch

Home > Publication search results

Publication search results

A critical examination of the investment proposals for Unit 6 of the Sostanj power plant

Study | 28 November, 2011 | Download PDF

Four investment plans have been produced for the Sostanj lignite fired power plant in Slovenia with many differences in calculations and outcomes. This review of the latest investment plan illustrates a number of shortcomings including both methodological mistakes and unsubstantiated claims.


Policy comments: EBRD’s Sustainable Energy Initiative 3

Policy comments | 28 November, 2011 | Download PDF

In recent years, the European Bank for Reconstruction and Development has paid increased attention to sustainable energy issues, enegry efficiency in particular. At the same time, the bank’s Sustainable Energy Initiative (SEI) criteria need to be strengthened in line with climate science and EU policy.


Recommendations by civil society organisations from Central Asia on the new Development Cooperation Instrument regulation

Policy comments | 28 November, 2011 | Download PDF

Civil society organizations from Central Asia submitted their recommendations on the EU’s new Development Cooperation Instrument (DCI). The organisations call for a structured, open and transparent decision-making process involving local civil society representatives throughout the DCI activities in order to ensure the sustainable and democratic development of their countries.


Sostanj power plant in Slovenia: Against EU laws and policies

Briefing | 21 November, 2011 | Download PDF

The project is a plan to construct a sixth unit at the Sostanj lignite-fired power plant in Slovenia. It has received significant backing from European public banks adding up to more than 50% of the overall costs of the investment. Doubts about the economic viability of the project, alleged irregularities in the tendering procedure and its climate impact caused strong opposition to the project within Slovenia. A recent study conducted by an independent consultant as well as two complaints submitted to the European Commission by NGOs bring new arguments against TES 6.


EBRD support for Kolubara paving the “ash way” for development of Serbia

Briefing | 21 November, 2011 | Download PDF

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. An updated version of this briefing is available here (May 12, 2012).