Briefing | 16 December, 2014 | Download PDF
The public company Elektroprivreda BiH is developing a project for the construction of unit 7 at the Tuzla lignite-fired power plant. The key financial indicators presented in JP Elektroprivrede BiH’s document have been derived in an unclear manner, but even with these figures it is clear that the project is poorly grounded. This creates potential threats to Bosnia and Herzegovina’s public budget since the project will likely receive state support.
New money, old ideas – How EU spending plans for central and eastern Europe are selling short a greener future
Study | 11 December, 2014 | Download PDF
This comprehensive analysis of draft government spending plans for the allocation of EU budget money shows that central and Eastern European countries are planning to use unacceptable amounts of their €350 billion allocation on dirty energy projects, polluting forms of transport and incinerators. The study was published by CEE Bankwatch Network and Friends of the Earth Europe. See also this interactive visualisation of the spending plans.
Briefing | 10 December, 2014 | Download PDF
With climate protection set to be a high priority for the EU in the next five years and beyond, the EIB needs to streamline climate considerations across its lending to different sectors and in different regions as quickly as possible. Such a policy needs to deliver on multiple objectives, with the combating of climate change and the promotion of sustainability absolutely central to these.
When the dust settles – Impacts of the Tayan Nuur iron ore mine on nomadic herders’ lives in Mongolia
Study | 9 December, 2014 | Download PDF
This report from a fact-finding mission to the Gobi Altai mountains in Mongolia describes the impacts the Tayan Nuur iron ore mine has on local nomadic herders, including displacement, dust pollution resulting in diminished livestock, and more. While the mining company Altain Khuder responds to criticism with intimidation, the company’s financier, the European Bank for Reconstruction and Development, is not doing enough to protect herders’ rights.
Advocacy letter | 9 December, 2014 | Download PDF
The letters were sent shortly before the EBRD’s board of directors are to approve a loan for the Naftogaz Emergency Pipeline Upgrade and Modernisation project. Since the project has not yet passed through all environmental and social procedures, Bankwatch asked the EBRD’s president and its board in separate letters to postpone the board decision. Letter to the EBRD president >> (pdf)