Money flows, rivers dry
March 22, 2018
Erste, Sberbank and the EBRD have been fueling the destruction of 27 km of rivers in the region of Josanicka banja, on the borders of the Kopaonik National Park in Serbia. It is a stark warning how the future of the Balkans might look if uncontrolled investment continues.
Comments on the existing EBRD Energy Sector Strategy from 2013
February 27, 2018
Bankwatch reviewed the EBRD’s energy lending during the strategy period and used this lens to look at the text of the bank’s 2013 Energy Strategy: what needs to be continued and strengthened and what needs to be changed. The focus is on priority issues
[Campaign update] More EBRD cash for Georgia dams should be cautionary tale for other development banks
February 5, 2018
The European Investment Bank is set to decide on the billion dollar Nenskra dam project during its board meeting today.
New study shutters EU claims on climate benefits from flagship energy project
January 30, 2018
The controversial Southern Gas Corridor, the EU’s flagship energy project, could be as emissions-intensive as coal power or even more, a new study reveals.
Talking too much in the marshrutka: how I came to treasure Saventi
January 16, 2018
Rosa Vroom, author of the multimedia hub ‘Sventi is my homeland’, reflects on what makes the region and its people so special
Comments on the Nenskra supplementary environmental and social studies
January 15, 2018
The revised supplementary studies for the Nenskra project fail to properly perform a cost/benefit analysis. It lacks an assessment of the energy efficiency alternatives, the environmental externalities, the opportunity costs and even an economic inte
EBRD je le še ena zamujena priložnost Slovenije
April 13, 2016
Banka, ki bi morala Sloveniji in drugim postsocialističnim državam pomagati pri prehodu v trajnostno naravnano tržno gospodarstvo, ni opravila svoje naloge. Tako meni mednarodna mreža CEE Bankwatch Network po 25 letih delovanja Evropske banke za obnovo in razvoj.
EBRD investments facilitate corruption and global warming, watchdog claims
April 11, 2016
Corruption, dirty resources and inequality are among the outcomes of the European Bank for Reconstruction and Development’s investments over the past two decades, according to an environmental watchdog. CEE Bankwatch Network, a Prague-based environmental NGO that monitors the activities of international financial institutions like the EBRD, said the bank has deepened countries’ dependence on unsustainable natural resource extraction and allowed corrupt or undemocratic elites to tighten their grip on societies.
Lost in transition: Far-reaching changes needed as European bank marks 25 years
April 11, 2016
On April 15, the European Bank for Reconstruction and Development (EBRD) will be marking its 25th anniversary. Reflecting on two decades of monitoring the EBRD’s policies and projects, a new report from CEE Bankwatch Network raises concerns about a growing gap between the bank’s operations and its mandate.
Slovenia and the Energy Union: clash in priorities, renewables as collateral damage
September 17, 2015
A leaked document, published here for the first time, that outlines the Slovenian government’s priorities for the EU’s Energy Union reveals a potential conflict with what the European Commission has on offer. Yet, neither promises ambitious strides towards more renewables.