June 18, 2014
South and eastern European member countries of the Energy Community may soon have to be much more ambitious about environmental standards in the energy sector. This is because the Energy Community, the body that aims to create a common energy market between the EU and some of its neighbours, may be about to introduce more of the EU environmental acquis into its Treaty.
March 20, 2014
Bankwatch has been monitoring and campaigning against the ill-conceived EBRD- and EIB-financed Unit 6 at Šoštanj in Slovenia for several years now. Yet the project never ceases to amaze with its myriad flaws and scandals – and the first few months of 2014 have been no exception.
March 20, 2014
While governments in south-east Europe have been talking about building new lignite power plants for years, the only one under construction to date is Energy Financing Team’s (EFT) 300 MW Stanari plant in the Republika Srpska entity of Bosnia and Herzegovina. Rather than serving as an inspiration to others in the region, the project is an example of what not to do, as borne out by an official complaint submitted in January by NGOs Center for Environment from Banja Luka and ClientEarth to the Vienna-based Energy Community Treaty secretariat.
March 20, 2014
Ideas about the construction of a new lignite power plant in Kosovo have existed since the end of the 1980s, and even the current Kosova e Re proposal – scaled down to 600 MW from the original 2100 MW – has been around since 2009. It is being touted by the Kosovo government, the World Bank, USAID and the European Commission among others as the only realistic option to replace the ageing and heavily polluting Kosovo A power plant.
March 12, 2014
Environmentalists and public finance watchdogs are taking to twitter today to urge World Bank president Dr. Jim Yong Kim to head his own rhetoric and reject the Kosovo coal power plant.
November 21, 2013
Today, Bankwatch joined other organisations walking out of Warsaw Climate Conference. Under the Polish government’s leadership the talks have utterly failed to address the urgency of the situation. Targets have been unambitious, the interests of the fossil fuel industry have been allowed to dominate the discussions, and there is no new financing on the table for climate mitigation and adaptation. This conference has lost credibility in the fight against climate change.
November 19, 2013
Monday morning in Warsaw, climate activists staged a public action in front of the Polish Ministry of Economy – the venue for the greenwashing Coal and Climate Summit – to voice their outrage and reiterate a simple reality: there is no such thing as clean coal.
November 11, 2013
If a doctor could prescribe a healthy planet, drastic cuts in greenhouse gas emissions would be on the top of the list. In fact, such a prescription was developed by leading health advocacy organisations and handed over to delegates at the UNFCCC’s COP 15 in Copenhagen. The surprising thing about this prescription is that instead of costing money it actually results in considerable savings.
September 13, 2013
“Poland will continue to back coal (…) The future of Polish energy is in brown and black coal, as well as shale gas,” said on Tuesday Polish Prime Minister Donald Tusk, speaking at an event of the extractive industry.
September 5, 2013
The global campaign to make the European Bank for Reconstruction and Development restrict its coal lending may have found new allies in Nordic countries after their declaration yesterday to seize overseas coal investments.