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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
10 May 2013
EBRD Energy policy review – no more excuses, rhetoric or finessing

Energy is the watchword of the day, as we keep increasing the need for it, no matter the costs, apparently. Well, the costs do matter but they are distorted by subsidies old and new, for fossil fuels and for renewable energy sources, while the global business world is made t…

10 May 2013
Croatian coal power plant predicted to be a killer – new study

A new report by Greenpeace Croatia, using European Environment Agency methodology, shows that the planned new 500 MW unit at the Plomin coal power plant in Croatia will cause approximately 17 early deaths annually, along with around 3970 lost working days due to illness and…

10 May 2013
NEVER AGAIN – Sostanj lignite power plant financing slammed

Following confirmation at the beginning of March that the European Investment Bank and the European Bank for Reconstruction and Development are paying out half a billion euros in loans for a new unit at the Sostanj lignite power plant (TES 6) in Slovenia, 98 organisations se…

10 May 2013
A black future for the Black Sea and its people – is the rest of Europe funding Turkey’s huge coal power plans?

Amasra, situated on the south coast of the Black Sea, is an ancient city that these days bases its economy on tourism and fishing. It’s the beginning of April and the women’s market is welcoming the first tourists of the year with fresh cheese, home-made pasta and vegetables…

10 May 2013
EBRD support for a new lignite power plant in Kosovo: Against EU objectives

The briefing outlines arguments against the 600 MW Kosovo e Re project that involved the construction of a new coal plant close to Prishtina. The project has been heavily promoted by the World Bank and by the US, and now also looks set for funding by the European Bank for Re…

10 May 2013
EBRD financing new small hydro power projects in Ukraine: off on the wrong foot

In 2009 the EBRD established the EUR 50 million facility to support the development of small-scale projects in all renewable energy generation sectors, including hydro, wind, biomass and solar power. While the initiative is welcomed and timely, the first projects to be devel…

10 May 2013
Kolubara B: a project of the previous century

The energy sector in Serbia is reminiscent of the industrial development strategy of the former socialist Yugoslavia, with thousands of megawatts of power plant capacities planned, and much of that production to be wasted, while people remain unable to afford their energy bi…

10 May 2013
Sustainability criteria for small and large hydropower plants

In recent years the EBRD has increased its funding for hydropower plants (HPPs) of all sizes. While small hydropower plants are seen by many as a far safer technology than large hydropower plants, they too can cause interruptions in river flows, loss of biodiversity and the…

10 May 2013
Bankwatch Mail 56

Published to coincide with the EBRD’s annual meeting 2013 being held in Istanbul, this issue examines a developing controversial project in the bank’s newest region: a refinery expansion project in Cairo. Other fossil fuel investments by the EBRD also feature in the newslett…

10 May 2013
Information disclosure and public participation in decision-making: necessary changes for EBRD policies

EBRD policy must take a stance: will it limit the ways in which stakeholders interact with each other and with the environment by adopting technical and procedural solutions? Or will it aim to promote shifts in social relations, in line with its mandate to promote sustainabi…

10 May 2013
Policy briefing: Review of the EBRD’s Energy Policy
10 May 2013
Policy briefing: Revision of the EBRD’s Environmental and Social Policy
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