Bankwatch

Home > Publication search results

Publication search results

Inputs for the European Commission’s public consultation on unconventional fossil fuels

Policy comments | 22 March, 2013 | Download PDF

European environmental legislation contains no provisions on the exploration and exploitation of unconventional fossil fuels, most notably shale gas. To establish these, the European Commission has conducted a public consultation on whether and under which conditions shale gas exploitation can be an acceptable practice and on the benefits and threats it brings with it.


Open letter to EIB & EBRD: Sostanj must never happen again

Advocacy letter | 20 March, 2013 | Download PDF

After the EIB and the EBRD disbursed a promised 650 million euros for Slovenian lignite plant TES 6 on March 8, Focus Slovenia, CEE Bankwatch Network and 96 other NGOs sent this letter to the two banks calling on them to never commit to such a misguided loan again. The letter includes a list of reasons why Sostanj was undeserving of public loans and a set of measures that need to be taken by the banks immediately in order to avoid such mistakes from being repeated in the future.


The Western Balkans: EBRD’s public money to finance coal plants that threaten EU’s long-term climate targets?

Briefing | 18 March, 2013 | Download PDF

The Western Balkans countries are aspiring to become members of the European Union. At the same time, 6195 MW of new coal and lignite plants are planned to be built in the Western Balkans, which will still be operating by 2050 and threaten these countries’ ability to comply with EU long-term decarbonisation objectives. The European Bank for Reconstruction and Development is planning to support some of these power plants via its loans.


The EBRD, KfW, coal and corruption: European money in the Kolubara mine in Serbia

Briefing | 12 March, 2013 | 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.


Bankwatch Mail 55

Bankwatch Mail | 7 March, 2013 | Download PDF

On the occasion of the Climate Parliament meeting in the European Parliament and with both the EBRD and EIB currently undertaking reviews of their respective energy policies, this issue of Bankwatch Mail takes another close look at the banks’ energy lending, including nuclear and shale gas in Ukraine, coal in Kosovo, the European Commission’s thoughts on the EIB’s energy lending. It also showcases a range of bright ideas from the winners of our EU funds competition, aimed at stimulating new thinking on how future EU budget spending can practically assist local communities and the environment, and more…