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The best laid plans – Why the Investment Plan for Europe does not drive the sustainable energy transition

Study | 28 September, 2016 | Download PDF

This report analyses projects approved by the European Fund for Strategic Investments (EFSI) in its first year of operation. The fund should catalyse €315 billion in new investment, and play an important role in the fight against climate change. However, as the analysis finds, during the EFSI’s first year an additional €1.5 billion was earmarked for fossil fuel infrastructure, and 68% of transport investment is destined for carbon-intensive projects.


Cover of the report Dirty Precious Metals, showing an elephant with golden tusks.

Dirty Precious Metals: Dumping European Toxic Waste in Tsumeb, Namibia

Study | 10 August, 2016 | Download PDF

Based on a visit to Namibia this report assesses the environmental and social standards at the Tsumeb smelter, acquired by Canadian Dundee Precious Metals in 2010. The smelter specialises in working with some of the dirtiest copper concentrates half of


‘We have no other option’ – Preparation of the Trans-Adriatic Pipeline in Albania

Study | 4 August, 2016 | Download PDF

The Trans Adriatic Pipeline (TAP), the most western part of the Southern Gas Corridor, a pipeline project to bring gas from Azerbaijan to Europe is promoted by the European Commission as a strategic asset for Europe’s energy security. A July visit to over 30 Albanian villages revealed the high level of dissatisfaction and confusion for people impacted by the construction of TAP.


Ukraine’s nuclear programme and the Espoo Convention – letter to the Convention’s Implementation Committee

Advocacy letter | 1 August, 2016 | Download PDF

Espoo bodies sent several specific recommendations concerning its non-compliance with the Espoo Convention to Ukraine. Nonetheless Ukraine seems to be either ignoring those or taking insufficient steps towards compliance. Therefore Bankwatch summarises the state-of-play in this letter and asks the Implementation Committee to consider a number of steps to ensure the Convention’s requirements are properly met by Ukraine.


Balkan energy projects with Chinese involvement – state of play

Briefing | 31 July, 2016 | Download PDF

Bosnia and Herzegovina, Serbia, Montenegro and Romania all plan new lignite power plants during the next few years. In contrast, most EU countries are giving up building new coal plants and seven EU states are already coal-free. Since the European Investment Bank, the European Bank for Reconstruction and Development and the World Bank have virtually halted lending for new coal power plants, most of them are due to be financed by Chinese state banks – ExIm Bank and the China Development Bank.


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