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Home > Publications

Publications

Report


Glass half full? Mid-term analysis of the Modernisation Fund’s operations


This publication updates Bankwatch’s 2025 assessment of the EU's Modernisation Fund and comes at a critical moment for EU climate and energy policy.

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Topics
15 October 2018
EBRD renewable investments finally matched its fossil fuel investments in 2017 – So why is the bank’s draft Energy Strategy still fixated with gas?

The European Bank for Reconstruction and Development has recently issued a new draft Energy Strategy for public consultation that will define its activities in the energy sector from 2019-2023. It clearly commits to halt all direct financing for coal projects and not to fina…

30 September 2018
European Investment Bank and financial intermediaries: key issues and way forward

Counter Balance, Bankwatch and partners have identified a persistent lack of transparency and assessment of the economic, environmental and social impact of the EIB’s intermediated operations, which may undermine development impacts. So far they have not been addressed prope…

28 September 2018
65 groups from 28 Countries tell EBRD and EIB to stop financing fossil fuels

The letter is written on the need to ensure the ongoing energy reviews at the European Bank for Reconstruction and Development and the European Investment Bank are aligned with the Paris Agreement goals.

27 September 2018
European public funding for fossil fuel-dependent companies

CEE Bankwatch Network follows closely the EBRD’s ‘sister institutions’ and actively advocates for improvement of their lending policies. As the European Investment Bank (EIB) is expected to review its 2013 ‘Screening and Assessment Criteria for Energy Projects’ (also known a…

20 September 2018
Gender inclusion in the EBRD public transport and water projects in southern Kyrgyzstan

The research team has conducted a survey that was focused on gender inclusion in the EBRD funded public transport and water projects in Osh, the second largest city in Kyrgyz Republic. The outcome of this publication revealed that the bank’s objectives, to improve human reso…

12 September 2018
Comments on the draft EBRD Agribusiness Sector Strategy

These comments focus on the sustainability of EBRD investments, the need   for better governance in the sector (both corporate and institutional), on issues that the draft Strategy is missing and needs to include or define better. While the draft includes a wealth of ideas i…

11 September 2018
Energy doublethink: contradictions at the EU bank in combatting climate change

See the web-version of the report. This year the European Investment Bank is expected to review its 2013 ‘Screening and Assessment Criteria for Energy Projects’, also known as its Energy Lending Criteria, which governs the types of projects the bank can finance in the energy…

22 August 2018
Comments on the EBRD’s draft Country Strategy for Uzbekistan

We call on the EBRD to outline in the Uzbekistan Country Strategy a new strategic approach or a comprehensive plan for supporting Uzbekistan’s ambitious reform path in the areas of Good governance and protection of rights and freedoms of citizens. The EBRD should clearly pri…

23 July 2018
Putting human rights first at the European Investment Bank. Upcoming opportunities

The nearly 1,000 kilometre route connecting Mombasa and Lake Victoria has always been of key importance for the development of Eastern Africa. The narrow, crowded car road is still the main artery of the region. By 2020, the Kenya National Highways Authority (KENHA) plans to…

Shuakhevi Hydropower station in Georgia
23 July 2018
Environmental problems of Shuakhevi Hydro Power Plant, Adjara, Georgia

The 184 MW Shuakhevi Hydro Power Plant is under construction on the Adjaristsqali river and two of its main tributaries in the Autonomous Republic of Adjara, Georgia. The design envisages it as a run-of-the-river plant with capacity of diurnal storage in two reservoirs, allo…

10 July 2018
Comments on the EIB Environmental, Climate and Social Guideline on Hydropower Development

CEE Bankwatch Network, Wetlands International, and International Rivers welcome the publication of the Guideline. The proposed text outlines well the risks and impacts that the hydropower schemes have on people and the environment. We think that the text could be improved in…

9 July 2018
Position on the Multiannual Financial Framework

For nearly three decades, the EU Budget, and especially sectoral instruments such as the Cohesion Policy, has been a proven catalyst in the fight against climate change and the transition to a low-carbon energy system. By providing public investments in sectors like transpor…

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