The most significant uses of peat in the world are for the creation of soil substrates and the production of energy. In 2022, the peat sector was responsible for 10.7 per cent of Latvia’s total greenhouse gas emissions. Peatlands store twice as much carbon as forests worldwide.
This story explores the changes that the EBRD has made to its revised safeguards, with a particular focus on human rights due diligence. Strengthening this aspect, particularly the EBRD’s weak enforcement of client requirements, has long been a key priority for Bankwatch and has informed the collective advocacy efforts of many other civil society organisations.
Răstolița: Major destruction for minimal energy
January 20, 2025 | Read more
Nestled at the foothills of Călimani National Park in eastern Romania, the Răstolița river, a tributary of the Mureș, flows through a pristine and biodiverse landscape. However, this idyllic setting is under threat from the Răstolița hydropower project, a relic of the communist era. Designed over 30 years ago, this outdated project is incompatible with modern environmental standards and poses a severe threat to the unique ecosystem of the Răstolița river, home to the endangered Danube salmon.
Georgia’s East-West Highway construction project, once heralded as a symbol of progress and splendour, has been marred by controversies.
Rail Baltica, the ambitious railway project set to connect the Baltic states of Estonia, Latvia, and Lithuania as part of Europe’s modern rail network, promises to boost regional development and integration. However, despite assurances of habitat protection and compensation measures during the construction of Rail Baltica, recent revelations on clearcutting in protected areas have exposed longstanding issues with Estonian forests. The case also highlights the broader challenges faced by nature when economic development takes precedence and the need for proper environmental safeguards against economic interests.
In 2014, decentralisation reforms were introduced in Ukraine to increase the country’s resilience, empower local communities, and transfer more decision-making power from the central government to the local level. These measures have significantly helped communities keep their heads above water and respond quickly to the challenges of Russia’s invasion.
