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EU funds for Czech incinerators in the balance thanks to local opposition

Bankwatch Mail | 13 March, 2012 | Download PDF

The European Commission is considering financial support for three new major municipal waste incinerator projects in the Czech Republic. The total cost for these projects is EUR 520 million and the projects have also requested a subsidy from the current Operational Programme for Environment (OPE) totalling EUR 184 million.


New EU funds map adds to calls for sustainable EU budget

Bankwatch Mail | 13 March, 2012 | Download PDF

Now in its fourth edition, Bankwatch and Friends of the Earth Europe’s map of environmentally and socially harmful projects in central and eastern Europe being paid for by – or in line for – billions of euros of EU money has been launched at a crucial moment.


Polish energy companies’ black propaganda threatens EU climate ambitions again

Bankwatch Mail | 13 March, 2012 | Download PDF

Poland is on course to place further large roadblocks in the way of the European Commission’s Roadmap 2050 towards a low-carbon economy unless certain demands being insisted on by Warsaw are met. These include the granting of free allowances for all 16 power plants that Poland has asked to be supported under the EU’s Emissions Trading Scheme.


Vreoci community requests EBRD to suspend credit arrangement with Kolubara

Advocacy letter | 13 March, 2012 | Download PDF

The Vreoci community from the Kolubara mining basin requests from the EBRD to suspend the loan arrangements for the Kolubara lignite mine due to the constant and increasing violations of human and property rights by the Public Company Mining Basin “Kolubara” – Lazarevac.


Letters to EBRD and EIB: Irregularities in the Sostanj project in Slovenia

Advocacy letter | 13 March, 2012 | Download PDF

With this letter, Bankwatch, together with Focus, Association for Sustainable Development and Greenpeace Slovenia are informing the EIB’s and EBRD’s highest decision-making bodies about recent developments in the case of the Sostanj lignite power plant that in our view should prompt the banks to drop their participation in this investment. The EBRD’s president Thomas Mirow replied on April 16, 2012 (download his response (pdf)) informing us about the suspension of the EBRD’s loan for the Sostanj project. Just one day later, another letter from the EBRD (download as pdf) informed us that the suspension is not a formal suspension.


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