March 20, 2014
Local development and investments in resource extraction rarely go together hand in hand. Bankwatch’s Media coordinator David Hoffman reports back on a recent visit to the EBRD sponsored Patos Marinza oil field in Albania. The case provides valuable lessons for the current revision of the EBRD’s safeguard policies.
Three companies shortlisted for Montenegro lignite plant – but Pljevlja needs a clean-up, not more pollution
March 20, 2014
Pljevlja’s 210 MW lignite power plant, operating since 1982 in northern Montenegro, has caused controversy since the beginning of its lifetime. Even back in late ’70s Yugoslavia when the project was being planned, residents succeeded in pressing for the chimney to be taller than planned (250 metres instead of 200 metres) in an attempt to ensure that the plant’s pollution rose above the hills surrounding Pljevlja and dispersed further away.
March 20, 2014
Ideas about the construction of a new lignite power plant in Kosovo have existed since the end of the 1980s, and even the current Kosova e Re proposal – scaled down to 600 MW from the original 2100 MW – has been around since 2009. It is being touted by the Kosovo government, the World Bank, USAID and the European Commission among others as the only realistic option to replace the ageing and heavily polluting Kosovo A power plant.
March 18, 2014
When it comes to Kosovo’s energy future, institution after institution has been putting most of its eggs in a ‘new lignite’ basket while some very reasonable alternative investment options seem to fall by the wayside.
October 28, 2013
Environmental groups in Ukraine have highlighted the negative local impacts of one of the biggest agribusinesses in the country, MHP, that is in line to receive additional credit by the European Bank for Reconstruction and Development.
Constant dripping wears away the stone. Kyrgyz parliament votes to renegotiate Kumtor gold mine contract.
February 21, 2013
Challenging a mining operation that generates about ten percent of GDP in a country and particularly doing so on environmental and social grounds is an intimidating task. But as the example of the Kumtor gold mine in Kyrgyzstan shows, indefatigability and scientific expertise can persuade decision-makers to defend the interests of a country and its people.
February 15, 2013
New civil society recommendations for the Oyu Tolgoi mine in Mongolia illustrate that much more than the bottom line needs to be considered to avoid development at the expense of local communities.
November 13, 2012
A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly cursory and superficial.
February 23, 2012
Following the publication of one official and one shadow report on the Kumtor gold mine, Kyrgyz authorities have responded to the calls of Bankwatch and other environmental groups to take a tougher stance on the Kumtor mining operations. The EBRD should follow their example.
January 31, 2012
Two new reports and two videos on the impacts of mining operations in Kyrgyzstan and Mongolia unearth some of the downsides of the mining business in Central Asia.