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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 August 2013
Open letter asking EBRD to take consultation on lending policy review seriously

Given the seriousness of the upcoming consultation meeting on the EBRD’s energy lending policy in Belgrade (September 4) and the concern that this should be more than a pro forma exercise, a range of organisations are asking the EBRD in this letter to show genuine commitment…

28 August 2013
Sustainability criteria for hydropower development

Any hydropower project no matter the size can cause negative consequences to water basins, associated ecosystems, to climate and affected communities living along the water basins. A large number of individually acceptable projects can also lead to unacceptably high negative…

29 July 2013
Kyrgyzstan and the conflict over natural resources

Kyrgyzstan is a mountainous country rich in water and natural resources. The country is one of 2000 priority ecological regions of the planet with unique ecosystems and biodiversity and is considered the “water tower” of Central Asia due to its Tien Shan glacier reserves. Th…

25 July 2013
Comments on the EBRD’s draft country strategy for Georgia
24 July 2013
Policy briefing: New draft energy (read oil, gas and coal) strategy at the EBRD

The EBRD’s draft energy strategy doesn’t have a climate target. It recognizes the urgency of climate action and the fact that the energy sector is the largest greenhouse gas emitter and places energy efficiency and renewable energy at the core of the transition to low carbon…

19 July 2013
Open letter to EIB: Improvements for energy policy draft

The letter, signed by nine NGOs, think tanks and an asset management company, acknowledges the positive step the European Investment Bank has taken with its draft policy “EIB and Energy: Delivering Growth, Security and Sustainability” but also suggests a number of elements t…

18 July 2013
Overview of financing instruments for community power projects

“Community energy projects” are energy projects providing for direct benefits to a group of local shareholders. The opportunity for residents to develop and own green energy infrastructure or to jointly leverage untapped energy saving potential, represents a range of economi…

9 July 2013
Bankwatch comments to the EIB draft energy policy

The EU’s global leadership on climate change is set to take another blow if the European Investment Bank, the EU house bank and one of the world’s largest public lenders, adopts a future energy lending policy as presented yesterday to the public. The draft policy includes we…

9 July 2013
NGO analysis of the results of the Cohesion Policy trilogues

Six environmental NGOs, having been working on the Cohesion policy regulations for several years, provide in this document a detailed analysis on the uptake and safeguards of key environmental issues throughout the negotiations between the three institutions (Parliament, Cou…

2 July 2013
NGO’s protest letter: Proper impact assessments must be minimum condition for EBRD loan involving “fracking” in Tunisia

A USD 60 million loan to Serinus Energy for a project that involves hydraulic fracturing (“fracking”) concessions in Tunisia is being currently considered by the EBRD. In this letter, Tunisian and European organisations urge the EBRD to reject the loan at the next Board meet…

1 July 2013
Appeal: Stop the European Commission from supporting Ukraine in violating international law

This letter, signed by 38 organisations, urges the European Parliament and the Council of Europe and other European bodies to use their political and financial leverage to ensure that the European Commission does not go ahead with a loan for Ukraine’s nuclear reactors until…

25 June 2013
Invest in haste, repent at leisure – Are IFIs behaving as if EU accession criteria and extreme energy losses do not exist in South East Europe?

South-eastern Europe is riddled with poor planning and corruption in the energy sector and its governments are proving slow to react to the challenges and opportunities offered by the decarbonisation agenda.

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