The Western Balkans residential Green Economy Financing Facility: Results so far and recommendations for further action
January 31, 2024
This briefing assesses the effectiveness of the energy efficiency credit lines for households financed through the Green Economy Financing Facility, in terms of environmental sustainability and attractiveness for users in all six Western Balkan countries.
EBRD selects its first Civil Society Organisation Steering Committee
January 22, 2024
Thirteen INGOs and CSOs chosen to serve on the Bank’s first CSO Steering Committee Committee spans the economies where the Bank invests …
Civil society comments on the EBRD’s good governance policies with focus on human rights due diligence
January 15, 2024
Together with other civil society organisations, Bankwatch submitted comments on the EBRD’s good governance policies, which are currently under revision.
Time to put an end to Albania’s fossil fuel déjà vu
December 21, 2023
In the last two decades, residents of Vlora, a lively tourist city on the Albanian coast, have had a slew of mostly unsuccessful oil and gas projects foisted on them. No wonder a recent event there called on the government to stop its costly fossil fuel experiments and seize the opportunity to declare Albania’s electricity production and consumption 100 per cent renewable.
European development bank decides to keep cooking the planet
December 15, 2023
The board of the European Bank for Reconstruction and Development (EBRD) decided yesterday, 14 December, to green-light a new energy lending policy that, with some caveats, allows for continued financing of fossil gas pipelines and gas-fired power plants.
Paris alignment: why there is no more space for European public money to finance fossil fuels
December 14, 2023
The aim of this briefing is to lay out the latest scientific evidence on why there is no more space for fossil fuel investments if we aim to keep global temperature increases to below 1.5 °C by the end of the century.
Crunch time for European development bank’s fossil fuel spending
December 12, 2023
The European Bank for Reconstruction and Development (EBRD) is set to decide the future of its energy investments right after the latest round of UN climate negotiations concludes this week. Its Executive Directors must heed the EU’s call for a fossil fuel subsidy phase-out
The EU and US are fossil-fooling the Western Balkans with gas How can the region cut to a clean future?
November 29, 2023
The Western Balkans’ energy transition is finally starting to pick up pace. But false solutions such as fossil gas threaten to divert resources and create new fossil-fuel lock-in. So why do the European Union (EU) and United States (US) continue to push such projects in the region and what can be done about it?
A call to defend the independence of accountability mechanisms
October 9, 2023
Bankwatch joins other community advocates around the world in sounding the alarm about growing threats to the independence of accountability mechanisms attached to international financial institutions and other development agencies.
The European Bank for Reconstruction and Development must do more to safeguard biodiversity in its new environmental policy
October 4, 2023
As the global biodiversity crisis grows ever more urgent, the European Bank for Reconstruction and Development’s (EBRD) environmental policy and practice is proving insufficient to prevent harm to nature, let alone allow its restoration. The Bank’s review of its environmental and social policy in the coming months must provide a proportionate response to the scale of the problem.
