July 28, 2020
The energy projects proposed by the Energy Community countries for priority status, including privileged access to public funds, have now passed the evaluation stage, expecting a final decision by the year’s end. On the bright side, at least two megalomaniac projects were dropped. On the dark one, the remaining projects floor the gas pedal.
June 4, 2020
Despite this deadly legacy, just two years ago, all the Western Balkan countries except Albania still planned to build new coal power plants. Since then, three out of five have abandoned these plans. The region has split, creating a two-speed energy transition.
April 30, 2020
Over three quarters of the energy projects proposed by the EU’s neighbours for priority status, including privileged access to public funds, are fossil fuels projects.
April 22, 2020
On 29 April the European Commission will unveil an updated proposal for the EU’s next long-term budget for 2021-2027, which makes it a good time to evaluate to what extent the current budget is contributing to decarbonisation efforts across Member States.
April 5, 2020
This year’s 52nd Asian Development Bank (ADB) Annual Governors’ Meeting is being held in Nadi, Fiji. Similar to its neighboring countries in the Pacific, Fiji is on the brink of suffering from the severe impacts of climate change despite its low global
March 30, 2020
An EU consultation is currently ongoing on the plans to introduce a carbon border tax. Bankwatch sees this as an important opportunity to make sure Western Balkan electricity producers play by the rules when participating in the EU energy market.
March 20, 2020
Last week, the feedback period on the EU’s proposed regulation for the Just Transition Fund (JTF) closed. CEE Bankwatch Network was among over 150 organisations and individuals that submitted comments.
December 10, 2019
As coal phase-out is well underway in the European Union, and the international community is mobilizing to tackle the climate crisis, new coal plants are still planned and built in Southeast Europe, courtesy of Chinese financial support.
December 6, 2019
To fight climate change, the European Investment Bank, the world’s largest development bank, voted Thursday to stop funding fossil fuel projects despite opposition by some countries, most notably Germany.
November 15, 2019
El Banco Europeo de Inversiones (EIB) aprobó anoche dejar de financiar proyectos relacionados con carbón, petróleo y gas cuando concluya 2021.