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Chinese-financed coal projects in Southeast Europe

Briefing | 15 May, 2018 | Download PDF

Several EU enlargement countries in the Western Balkans – as well as EU member states Romania and Greece – plan to build new lignite power plants. In contrast, the EU aims to decarbonise its energy sector by 2050, most EU countries no longer build new

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Nenskra hydropower project – May 2018 update

Briefing | 10 May, 2018 | Download PDF

The banks have a responsibility to ensure that when they make an investment, they mitigate and avoid situations that put persons at risk. The Nenskra dam in Georgia is one example where the lack of proper environmental and social assessment can potenti

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Low-carbon transition as it should be: three steps for the EBRD to have fewer headaches with hydropower projects

Briefing | 10 May, 2018 | Download PDF

While it is positive that banks want to finance the much-needed transition away from coal towards renewable energy in the Balkans, it is crucial to ensure that the cure is not worse than the disease. Most of the projects planned in the Balkans are smal

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EPS restructuring loan

Briefing | 10 May, 2018 | Download PDF

Despite its commitments to increase the share of renewables under the Energy Community and reduce greenhouse gas emissions within the process of EU accession, the Serbian government seems determined to remain locked-in to a carbon intensive energy syst

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The EBRD strategy for Uzbekistan

Briefing | 9 May, 2018 | Download PDF

Changes in the approach to governance put forward by the President Shavkat Mirziyoyev deserve to be encouraged by the international community. It is natural that the EBRD is ready to provide support to a country willing to accelerate reforms. However,

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