Sounding out the EBRD’s energy strategy: little ambition besides scrapping coal
December 13, 2013
At a closer look the EBRD’s new energy strategy, complimented for the restrictions it places on coal lending, reveals a shocking lack of operational knowledge to implement the ambitions outlined in its executive summary.
EBRD joins other financial institutions in restricting coal lending
December 10, 2013
The European Bank for Reconstruction and Development (EBRD) approved today during a vote of its Board of Directors a new Energy Strategy. The document is meant to give guidance on how to strategically use the bank’s resources over the next years to promote energy security and affordability and avoid dangerous climate change.
Coal and corruption – the case of the European Bank for Reconstruction and Development
December 9, 2013
The EBRD is about to approve a new energy strategy, yet it is unclear to what extent it will follow other public lenders in halting coal financing. In this paper we step away from the discussions on climate issues to take a look at another reason why the EBRD should be wary of investing in coal projects: corruption.
Guest post: End to UK coal investments overseas welcome – but it must include Kosovo
November 22, 2013
United in spirit with yesterday’s blog post on the European Bank for Reconstruction and Development’s coal lending, Visar Azemi from the Kosovo Civil Society Consortium for Sustainable Development calls on the UK government to not support the Kosova e Re lignite power plant via the World Bank and make its promise to end overseas coal financing a reality.
United Kingdom’s retreat from coal increases pressure on EBRD
November 21, 2013
With the United Kingdom, another major shareholder of the European Bank for Reconstruction and Development is divesting from coal overseas. What does this mean for the upcoming decision on the EBRD’s energy strategy?
Stanari power plant in Bosnia allowed to pollute 2-10 times higher than EU limits, new expert analysis shows
November 21, 2013
The pollution from EFT’s new 300 MW Stanari lignite-fired power plant in Bosnia and Herzegovina may be 2-10 times higher than EU limits allow, according to a new expert analysis commissioned by the Center for Environment from Banja Luka.
Guest post: “Coughing for Coal” outside the coal industry summit at UN Climate Talks
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.
Protests target European bank as it champions coal from the side lines of Warsaw climate conference
November 18, 2013
Warsaw – Actions are being organised today in several European capitals to protest the attendance of the European Bank for Reconstruction and Development at the International Coal and Climate Summit, organised by the World Coal Association in parallel to the United Nation’s climate conference in Poland.
Protestors address coal lobby meeting at Warsaw climate talks: ‘There is no such thing as clean coal’
November 18, 2013
WARSAW – People from around the world gathered today in front of Poland’s Ministry of Economy in protest of the World Coal Association’s International Coal and Climate Summit organised on the sidelines of the 19th UN climate change conference.
Clean coal? There is no such thing
November 17, 2013
Air pollution levels in Beijing and other major Chinese cities have been making headlines, when millions of people were confined to their homes for several days to avoid the most drastic impacts on their health. For the longest time now the world believed that China would forever continue to build its infamous ’one new coal-fired power station per week’. China, however, is starting to rethink its course on coal: In September 2013 the Chinese government announced a cap on coal consumption in three economically important provinces.
