Publications

On September 8, 2012 new legislation entered into force in Slovenia that requires TEŠ to prepare an assessment of the CCS readiness for its new Unit 6. Pursuant to this legislation, proper assessment of the CCS readiness for the Unit 6 has not taken place yet. As a result, T…

The briefing details the risks that make shares of an Zespół Elektrowni Pątnów Adamów Konin SA (ZE PAK), the second largest producer of lignite in Poland, unattractive and high-risk prospect. Furthermore, investing in ZE PAK through its Initial Public Offering is inconsisten…

Neighbouring countries of the EU from the Western Balkans to Ukraine are planning unsustainable energy futures relying on coal and nuclear. The energy strategy of the European Energy Community indicates continued reliance on coal and nuclear energy which could happen with EU…

This issue is devoted primarily to the countdown to EU Budget ‘D-day’, and the negotiations now reaching a troublesome climax on how approximately 1 trillion euros of EU money is to be spent across the continent in the 2014-20 budgetary period. We also round up some recent d…

With the EBRD due to sign off on its new mining strategy in November this year, 22 MEPs have pointed out in an open letter to European commissioners that given the state of the policy draft the bank risks contradicting the EU Resource Efficiency Roadmap and responsible minin…

For its first loan to ‘Arab Spring’ countries the European Bank for Reconstruction and Development has chosen vehicles and partners whose ability to deliver developmental value is highly uncertain.

This summer’s ‘silly season’ featured a a blog post on the EBRD website replete with the claim that the bank has helped turn Serbia into a “role model for social inclusion of Roma”. This claim immediately rang hollow in light of the ongoing plethora of abuses of Roma rights…

The Oil Road by James Marriot and Mika Minio–Paluello is a remarkable recounting of their journey along the Baku-Tbilisi-Ceyhan (BTC) pipeline from Azerbaijan to the City of London. It is a narrative peppered with a wealth of cultural, social and economic history and kaleido…

The storming of the US embassy in Cairo has diverted attention once again from the real issues facing Egypt. It couldn’t have come at a better time for those who want to convince the Egyptian people to accept an International Monetary Fund loan and other western IFI interven…

With the European Investment Bank having recently postponed the annual face-to-face dialogue with NGOs that the bank’s former president Philippe Maystadt initiated in autumn 2011, it was good to see new EIB president Werner Hoyer being put on the spot in September by MEPs du…

It has been a busy time of late for the planned EUR 800 million, 500 MW Plomin C coal power plant. The Croatian government is pressing ahead with the project under the assumption that it will – along with the equally controversial EBRD-financed Ombla hydropower plant – save…

The European Investment Bank and the European Bank for Reconstruction and Development have been awarded some of the worst transparency scores for international finance institutions in this year’s Aid Transparency Index, published in early October by the campaign group Publis…