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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
23 May 2016
The European Investment Bank and climate action 2013-2015

The European Investment Bank’s lending for climate action between 2013 and 2015 shows that further structural changes are needed to align the bank’s portfolio with the objectives of the Paris agreement.

11 May 2016
Ohrid – Peshtani expressway project, Macedonia

The Ohrid-Peshtani expressway project – financed by the European Bank for Reconstruction and Development via a EUR 160 million loan for the National Roads Programme – involves the construction of a new section on the A3 express to the Albanian border. The new 12.5 kilometre…

11 May 2016
The problems with industrial chicken producer MHP’s expansion in Ukraine

MHP is at the centre of concern for local communities and civil society organisations in Ukraine, because of the way the company engages stakeholders, acquires land, and impacts the environment, water and the local economic development. Since 2010 the European Bank for Recon…

11 May 2016
Georgia swept by protests against EBRD-backed hydropower

Protests have in recent weeks broken out across rural Georgia after construction resumed on several large hydropower projects financed by the European Bank for Reconstruction and Development (EBRD). Demonstrators have complained that the projects were repeatedly decided behi…

11 May 2016
Update on resettlements at Kolubara mine and other EPS operations

In October 2015 the independent Project Complaint Mechanism (PCM) of the European Bank for Reconstruction and Development found that the bank breached its environmental and social policy with regards to safeguarding the rights of communities impacted by mining operations of…

5 May 2016
Balkan energy projects with Chinese involvement – state of play, May 2016

See a more recent version of this briefing >>

29 April 2016
Briefing: Nenskra hydropower plant, Georgia

This briefing was prepared and presented during the annual meetings of the Asian Development Bank on 2 May 2016 in Frankfurt.

28 April 2016
Briefing on Nenskra hydropower plant for the Asian Development Bank
27 April 2016
Fossil fuel subsidies from Europe’s carbon market

The so called Article 10c of the EU ETS Directive allows lower-income Member States from central and eastern Europe to give allowances for free to electricity installations under the condition that they invest at least the equivalent monetary value of the free allowances in…

11 April 2016
ETS Modernisation Fund – catalysing the clean energy transformation in central and eastern Europe

Within the framework of the EU’s 2030 climate and energy policies, the Modernisation Fund aims to support lower-income Member States in meeting their investment needs related to energy efficiency, including financing small-scale investments projects and the modernisation of…

11 April 2016
Lost in transition – 25 years of the European Bank for Reconstruction and Development

This report examines a selection of cases monitored by CEE Bankwatch Network and its partners in recent years and highlights some of the weaknesses observed in the EBRD’s approach to environmental, social, democracy and development issues. On 15 April 2016 the European Bank…

7 April 2016
Where the grass is less green. Public funding for energy in the European Neighbourhood Policy

Countries of the European Neighbourhood have received a boost to their energy sectors in the last decade, thanks in part to the prominent role played by the EU as a catalyst of both policy reforms and financing. This study examines EU financing for the energy sector in 16 co…

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