200 million euro EBRD loan to Serbian energy giant EPS under investigation
October 1, 2018
Prague, Belgrade – The independent grievance body of the European Bank for Reconstruction and Development (EBRD) has started investigating a EUR 200 million ‘restructuring loan’ granted in 2015 to Elektroprivreda Srbije (EPS), the largest energy company in Serbia, following a complaint by CEE Bankwatch Network and Serbian environmental group CEKOR.
Complaint: non-compliance of the European Investment Bank’s Transparency Policy with EU and international law
February 16, 2016
This complaint, filed by Bankwatch, Client Earth and Counter Balance with the European Investment Bank’s complaint mechanism, addresses non-compliance of the European Investment Bank’s Transparency Policy with EU and international law on access to information.
EBRD policy breaches at Serbia coal mine confirmed by bank’s own complaint mechanism
October 29, 2015
Prague, Belgrade – A day after the Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a new EUR 200 million loan for Serbia’s electric utility Elektroprivreda Srbije (EPS), an internal review at the Bank finds that it breached its own environmental and social policy when approving the previous EUR 80 million loan to the same company.
Investigation launched into Mongolian iron ore mine financed by European Bank for Reconstruction and Development for impacts on local communities
September 3, 2015
Updated September 10, 2015* Amsterdam/Ulaanbaatar/Prague – Last week, the independent accountability mechanism of the EBRD announced it will investigate *the Bank’s compliance with its environmental and social standards at a mine it finances and is operated by Altain Khuder in the Gobi-Altai region of Mongolia. The investigation comes in response to a complaint filed to the EBRD’s Project Complaint Mechanism (PCM) in December 2014 from herders affected by the project.
[Campaign update] KOSID contests the opening process of the tender for the ‘New Kosovo’ Power Plant
December 23, 2014
A press-realease issued by KOSID on December 21.
Complaint against Bosnia and Herzegovina for failure to comply with Energy Community law
December 16, 2014
In the Republika Srpska entity of Bosnia and Herzegovina, approximately 150 km east of Banja Luka, Comsar Energy Republika Srpska (CERS) is planning to build the 2×300 MW Ugljevik 3 lignite fired power plant. This complaint outlines aspects of the Energy Community law that the plant would breach if constructed.
Bosnia and Herzegovina lignite project triggers official complaint to the Energy Community
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.
[Campaign update*] New legal complaint on Plomin C
January 17, 2014
Zelena akcija/Friends of the Earth Croatia has submitted a complaint to the Croatian Constitutional Court as part of its ongoing campaign to prevent the construction of the Plomin C power plant, which would be run on imported coal.
Bringing EU standards to third countries?
July 13, 2012
When the European Investment Bank and the European Bank for Reconstruction and Development invest money in our countries, they are often expected to promote good practices in the projects they support.
EIB complaints office confirms shortcomings on Belgrade resettlement
August 4, 2010
After more than three months delay, the Complaints Office of the European Investment Bank recently released its concluding investigations (pdf) into the banks involvement in the resettlement of 175 predominately Roma families from underneath the Gazela bridge in Belgrade.
