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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
28 June 2018
The great coal jobs fraud (2018 UPDATE)

This study, an update of our November 2016 analysis, examines the claims and finds that in almost all cases, they are exaggerated. In fact, even the current levels of employment cannot be maintained and some companies such as Elektroprivreda Srbije and the Pljevlja coal mine…

19 June 2018
Belgrade waste public-private partnership (PPP)

The Vinča waste PPP contract between the City of Belgrade and the Suez-Itochu consortium raises numerous issues including the terms of the contract, the waste management model envisaged, and the impacts on the Roma population living on the landfill, as well as those survivin…

19 June 2018
MHP corporate support and biogas loans – an update from the field

With over half a billion euros from the EBRD and the IFC, the leading Ukrainian agribusiness giant has grown into a near monopolist in poultry production.  The company’s poor track record of stakeholder engagement and accountability towards impacted villages attracted public…

19 June 2018
Submission to the EBRD strategy for Uzbekistan

It is important that the EBRD clearly indicates to the Uzbekistan government the need to have progress towards meeting those benchmarks from over 15 years ago that remain relevant to this day. We suggest that the Country Strategy will envisage an early review to assess the p…

19 June 2018
New Kosovo power plant – an expensive and outdated anomaly in a decarbonising world

After years of delay, the New Kosovo lignite power plant took a step forward in 2017 with the signing of commercial contracts. However, numerous old issues, including carbon emissions, resettlement, and the dubious single-bidder procurement process, have not been resolved, a…

19 June 2018
How can the EBRD maximise its leverage to bring about decarbonisation?

The economic viability of coal is ever decreasing. Without public financial support many coal investments are doomed to fail. Yet several institutions are still willing to finance an energy source that wrecks our climate, damages our health and wastes our money. In 2013 the…

18 June 2018
The cost of turning a blind eye: EIB lending to Israel’s ICL

The toxic wastewater spill from the Rotem Amfert plant that caused a severe environmental disaster in Ashalim Stream, Israel, in late June 2017 joins a long list of pollution events the company has been responsible for through the years. In fact, even its parent company, Isr…

5 June 2018
The European Commission’s platform for coal regions in transition: case studies highlight tilt toward coal companies

Without adhering to the partnership principle, the Platform for Coal Regions in Transition risks benefiting coal companies at the expense of local communities, in blatant contradiction to its stated goal. In Poland and Slovakia, lack of transparency and insufficient particip…

5 June 2018
Complaints to IFC and EBRD regarding their investments in MHP

The complaint alleges that since the start of MHP operations in Vinnytsia in 2010, continuous odor and dust from a significant and growing number of facilities and the application of manure on nearby fields has made local life untenable. MHP activities have also led to a dra…

1 June 2018
Nenskra complaint to the European Investment Bank

In our opinion, the European Investment Bank (EIB) has failed to comply with the Standard 7 by not respecting the status of Svans as indigenous peoples. The Bank did not fulfill its environmental and social standards: it ignored the project’s significant impacts on Svans, th…

30 May 2018
Request to the EBRD’s PCM on the Nenskra hydropower project

The conclusions of the EBRD’s Environmental and Social Impact Assessment (ESIA) are not guided by detailed field work and focus group research with the affected communities – indigenous Svans, nor are they based on the robust and objective analysis of existing academic opini…

chinese investments in the balkans
15 May 2018
Chinese-financed coal projects in Southeast Europe

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 coal plants and seven E…

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