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Comments on Romania’s application for transitional allocation of free emission allowances

Study | 22 February, 2012 | Download PDF

Last year, the Romanian government applied for allocation of approximately 75 million tonnes of emissions allowances free of charge in the period 2013-2019. In return, our government proposed a national investment plan that includes 22 (out of 24) fossil fuel installations and would result in 36 percent of the proposed new capacity coming from coal.

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Energy Security For Whom? For What?

Study | 16 February, 2012 | Download PDF

How can fossil fuels and uranium be kept in the ground and agrofuels off the land in ways that do not inflict suffering upon millions? Mainstream policy responses to these issues are largely framed in terms of “energy security”. Yet far from making energy supplies more secure, such policies are triggering a cascade of new insecurities for millions of people.

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A system of indicators for a sustainable EU Cohesion Policy

Briefing | 15 February, 2012 | Download PDF

The current EU commitment to a low carbon and resource efficient economy has significantly influenced the proposed Cohesion Policy objectives for the 2014-2020 period. Besides the mobilisation of financial resources for the achievement of the Europe 2020 strategy targets, it is important that a strong focus is kept on the results of EU support. Bankwatch has therefore taken a critical look at the proposed common indicators for the European Regional Development Fund and the Cohesion Fund.

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Open letter to Swedish Minister of Finance: Phase out fossil fuels lending by EIB

Advocacy letter | 15 February, 2012 | Download PDF

A broad selection of Swedish NGO’s have joined Bankwatch’s call to phase out fossil fuels lending by the European Investment Bank (EIB). The open letter, sent to the Swedish Minister of Finance, Anders Borg, reminds the Swedish government that as one of the EIB’s shareholders, the country bears responsibility for how EIB resources are not sufficiently contributing to sustainable development.

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Bankwatch input on EBRD country level transition indicators

Policy comments | 14 February, 2012 | Download PDF

The European Bank for Reconstruction and Development is revising its country level transition indicators, which help measuring the impacts of the bank’s lending. Bankwatch’s input comments on the EBRD’s current indicators and proposes to include indicators that more concretely could illustrate the EBRD’s impact on the environment and the lives of people in its countries of operation. Specifically, our indicators pertain to aspects of inequality, gender, labour standards, life satisfaction and resource efficiency.

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