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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
17 December 2015
Public development banks failing 2 degree test, heavy fossil fuel financing persists

The MDB Climate Change Scorecard, published by Bank Information Center and Sierra Club during COP21, highlights how none of the world’s biggest multi-lateral development banks is on track to help keep the world below 2 degrees warming, and reveals how the seven banks in ques…

17 December 2015
“Shaping the age of gas” – how the EU is locking in a destructive path

As efforts to realise a mega gas pipeline along the Southern Gas Corridor intensify, Re:Common’s Elena Gerebizza explains how democratic rights are at stake – and are being trampled on.

17 December 2015
EU-backed fossil fuels binge needs to end in ‘neighbourhood’ countries

Bankwatch has been taking a look at EU financing for the energy sector in 16 European Neighbourhood countries between 2007 and 2014. Alarmingly, our research has uncovered that out of at least EUR 9 billion provided by the EU to energy projects in the ENP region during the p…

17 December 2015
Exporting toxic pollution from Europe to Namibia

The case of the Tsumeb smelter in Namibia demonstrates how European pollution is being exported to the Global South with the indirect help of public development money.

17 December 2015
Foul play: development banks condone top Ukrainian poultry producer’s abuses

A closer look at Europe’s recent investments in Ukraine’s agriculture sector shows that the failure to apply high transparency standards and social safeguards poses not only business risks but also undermines Ukraine’s democratisation process.

17 December 2015
Polish authorities on collision course with EU institutions over S7 expressway

A barely eight kilometre long section of an express road in central Poland is becoming another battlefield in the long-running conflict between Polish road authorities on one side and European biodiversity protection laws, and environmental NGOs trying to uphold them, on the…

17 December 2015
The newly proposed World Bank Safeguards – A paper tiger?

The social and environmental policies of the World Bank – commonly referred to as the ‘Safeguards’ – have been under review since 2012. In July 2015, as part of this review, the World Bank, released a second draft of the Safeguards for consultation and public comments.

17 December 2015
Bankwatch Mail 63

Published after the conclusion of the UN climate negotiations in Paris, Issue 63 of Bankwatch Mail presents ample evidence of how the EBRD and the EIB continue to be firmly tied to fossil fuel financing, in spite of increasing pressure to do more to end support for carbon-in…

15 December 2015
At the start of spending: Environmental partners still ostracised

An assessment of the application of the “European Code of Conduct on Partnership” during the establishment of the national implementation bodies and the first phase of ESI Funds implementation in the Czech Republic, Hungary, Latvia, Poland and Slovakia.

15 December 2015
Improvements needed in transparency and environmental soundness of EBRD-financed hydropower facilities

In light of the worrying findings of a study on hydropower projects in southeast Europe – most notably the high number of projects in protected areas – this letter asks the European Bank for Reconstruction and Development to better implement its environmental and social poli…

14 December 2015
Infographics: Pristine Balkan rivers threatened by European “green energy” funding for hydropower

A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans.

14 December 2015
Briefing: Centerra gold and the Kumtor gold mine, Kyrgyzstan

An update on the contentious EBRD project and its client, following a field visit by Bankwatch and partners to the mining site in October 2015

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