Cheap coal for Europe comes at high price for Ukrainian people
July 9, 2014
While Ukraine’s aging coal power infrastructure is causing pollution and energy loss in the country, coal-based electricity is exported at a dumping price to EU countries.
EBRD in Serbia: Don’t use floods to prop up coal
July 7, 2014
The EBRD should stick to its newly approved Energy Strategy and reject any investments in the Serbian coal sector, argue a group of 7 international NGOs in a letter sent to the bank’s board of directors today. The groups were concerned with recent statements by the EBRD according to which the bank’s regional flood response in the Balkans could include “rehabilitation of (…) damaged power stations and transmission and distribution networks.”
Letter: EBRD flood response in Serbia should diversify away from lignite
July 7, 2014
This letter, co-signed by Serbian, regional and international NGOs and sent to the Board of Directors of the European Bank for Reconstruction and Development ask whether in the aftermath of the recent floods in the western Balkans, the EBRD’s response will prop up Serbia’s coal sector or whether it will ensure that its post-flood assistance is used for much needed residential energy efficiency improvements and sustainable renewable energy.
Serbian government props up almighty coal
July 2, 2014
A new report by the Belgrade-based NGO CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions. Propping up the already dominant coal sector, however, will likely further increase Serbia’s vulnerability to extreme weather events. Increasing Serbia’s energy efficiency and renewables generation would be the wiser choice.
State support to the Kostolac coal power plant and mining basin in Serbia
June 30, 2014
This report by the Belgrade-based Center for Research, Transparency and Accountability – CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions.
Winners and losers – Who benefits from high-level corruption in the South East Europe energy sector
June 24, 2014
Energy is one of the biggest economic sectors in south-eastern Europe and is set to grow even further with the region moving closer to the EU. The region has high potential for energy efficiency and sustainable renewable energy investments. Yet, as this study illustrates with a number of examples, countries have shown little ability to absorb investments at a large scale without systemic corruption and patronage. See also an interactive map with summaries for each case at https://bankwatch.org/SEE-energy-corruption
Expert proposals for Energy Community improvements are a promising step forward
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.
Big plans for a small country – Montenegro’s draft energy strategy
June 12, 2014
Montenegro’s new draft energy strategy needs cutting down to size if environmental and economic damage is to be avoided.
First court case against coal power plant construction in Serbia
June 2, 2014
Belgrade — NGO CEKOR submitted a formal complaint in front of the Serbian national administrative court against the government’s decision to approve an Environmental Impact Assessment study for the construction of a new unit at the Kostolac B coal power plant. The complaint, in which the NGO exposes failings in the EIA process, is the first of its kind to reach Serbian courts.
Ending fossil fuel support: NGO recommendations for OECD countries on their Export Credit Agencies
May 27, 2014
According to data compiled by the Natural Resources Defense Council (NRDC), between 2007 and 2013 public financial institutions provided at least $55,7 billion in funding for coal projects abroad. The largest proportion of this comes from national Export Credit Agencies (ECAs) from OECD countries, which have provided at least $32 billion over this period or 58% of total support.
