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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 June 2012
Comments and recommendations on the EBRD Draft Mining Strategy

(Download a short version of these comments as pdf.) As it is now, the EBRD foresees growth in the mining sector and sees its involvement as crucial in this process. At the same time the Bank recognizes that mining can cause significant adverse environmental and social impac…

13 June 2012
A call for an open and transparent consultation process over the EIB’s energy policy

In this letter, five NGOs and NGO coalitions call on the EIB to undertake consultations according to the best standard as well as to identify and inform a wide range of stakeholders about the revision of the policy.

10 June 2012
Transport in the EU Budget: Making spending sustainable – Priorities for the TEN-T Guidelines and the Connecting Europe Facility

Transport is the only sector where greenhouse gas emissions are still increasing. Without decisive new action, transport GHG emissions are expected to grow by 74% until 2050. The Commission has pledged that at least 20% of the proposed €1 trillion EU budget for 2014-2020 wil…

7 June 2012
A Partnership of unequals – Electricity exports from the eastern neighbourhood and western Balkans

Cooperation in the energy sector is one of the European Union’s key priorities in its relationships with neighbouring states. Although the promotion of energy efficiency, energy savings and the use of renewable energy sources should be the primary areas of cooperation along…

1 June 2012
Letter to EBRD requesting evaluation of K2R4 safety modernisation before considering new loan to Ukraine’s nuclear energy sector

Due to a number of so far unfulfilled project measures in an EBRD financed safety modernisation project in Ukraine (K2/R4 post start-up safety modernisation programme), Bankwatch has asked the EBRD’s Chief Evaluator for a thorough evaluation before further loans for Ukraine’…

17 May 2012
Revealed: EBRD climate crimes rising

EBRD efforts to clean up its energy lending in central and eastern Europe are being undermined by extensive fossil fuel investments, with astonishing increases in the EBRD’s backing for coal and oil projects in 2011.

17 May 2012
Tug of War: Fossil fuels vs. green energy at the EBRD

The briefing summarises the findings of the Bankwatch study ‘Tug of War: Fossil fuels vs. green energy at the EBRD’. The study shows that almost half of the 6.7 billion euros lent to energy related projects by the European Bank for Reconstruction and Development (EBRD) betwe…

17 May 2012
Tug of War: Fossil fuels versus green energy at the EBRD

Our study shows that almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels. This will prevent the bank’s commendable efforts to increase lending to new renewables and energy…

16 May 2012
Comments on EBRD Draft Country Strategy for Armenia
16 May 2012
Cohesion Policy reform: Supporting and improving thematic concentration

The Coalition for Sustainable EU Funds supports the principle of thematic concentration in the European Commission’s Cohesion Policy legislative package from October 2011. However, changes brought forward by some Member States risk hampering a critical mass of investments in…

14 May 2012
Ombla hydropower project under fire in the European Parliament

The 68 MW Ombla underground hydropower project, for which the EBRD approved a EUR 123.2 loan in 22 November 2011, is once again under fire, this time in the European Parliament. Both the project itself and its approval process have attracted widespread criticism from civil s…

14 May 2012
The medium-sized EIB bazooka – Europe’s people and environment must benefit this time around

As it begins to dawn on Europe’s elite that fiscal austerity is not working after all, the European Investment Bank is once again the talk of the EU as decision-makers scramble to stimulate national economies that are hemhorraging jobs and living standards – and hope – acros…

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