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Home > Archives for EBRD

EBRD

Mostar locals continue to resist Corridor Vc routing amid new tunnel loan talks

March 19, 2024

On 11-13 March a Bankwatch team visited Mostar and the nearby villages of Kosor, Ortiješ and Malo Polje. The team met with more than 25 landowners from the three villages, visited vineyards in Ortiješ, nearby construction sites on the Corridor Vc, and the Podveležje ridge. They discussed with local people the developments in the valley, ongoing legal action and the results of complaints at the EBRD’s accountability mechanism.


‘It’s like installing a fixed-line telephone’ Why is North Macedonia planning an oversized gas pipeline without any public debate?

February 14, 2024

As the EU reduces its gas consumption, North Macedonia is planning the opposite. Why is it building a large new import pipeline, why has it failed to consult the public, and why are EU banks supporting it?


Can the EBRD deliver effective sustainable infrastructure in the transport and municipal sectors?

February 1, 2024

This briefing makes recommendations aimed at contributing to the preparation of the EBRD’s new Sustainable Infrastructure Strategy.


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


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