June 16, 2020
Like many other financial institutions, the European Bank for Reconstruction and Development (EBRD) has responded to the call to join the global effort to tackle the climate crisis. And yet, over the past decade, while growing its support for renewable energy, the bank has continued to hand out public money to the fossil fuels industry.
September 25, 2019
In the last decade, a wave of hydropower construction in the Western Balkans has caused ever-increasing public outcry. Large hydropower projects have long caused public resistance, but the mushrooming of smaller plants of less than 10 megawatts (MW) in
July 10, 2019
Eight civil society organisations last week submitted proposals for a revamp of Serbia’s renewables support scheme to the Ministry of Energy and Mining. Source: Let the sunshine in, say civil society groups
December 13, 2018
Europe’s commitment to the Paris Agreement and the 2030 Agenda for Sustainable Development means that the EU must drive an energy transformation, but in Romania, inadequate financial support and a lack of political will still stand in the way of progress.
December 10, 2018
Environmental NGO Eko-svest has this week called on the Macedonian government not to continue subsidising new renewable energy plants through the guaranteed buy-off of electricity at a guaranteed price and to instead move to a more competitive system with lower costs for end consumers.
November 19, 2018
Germany pioneered broad support measures for renewable energy by the late 1990s. These measures, referred to as Energiewende or ‘energy transformation’, offer a valuable insight for other countries, which introduced support mechanisms for renewable energy later or have not done so yet.
November 16, 2018
The Western Balkans, as a region that represents both a post-Socialist economy and EU accession region, can benefit greatly from up-to-date insights by the EBRD on how to move its energy transition forward more rapidly. Its decision-makers have not yet
EBRD renewable investments finally matched its fossil fuel investments in 2017 – So why is the bank’s draft Energy Strategy still fixated with gas?
October 15, 2018
The European Bank for Reconstruction and Development has recently issued a new draft Energy Strategy for public consultation that will define its activities in the energy sector from 2019-2023. It clearly commits to halt all direct financing for coal p
Over 120,000 petition development banks to Save the Blue Heart of Europe and drop destructive hydropower in the Balkans
June 21, 2018
London, Prague, Radolfzell, Vienna – Representatives from the Save the Blue Heart of Europe campaign to save Europe’s last remaining wild rivers  handed in a petition endorsed globally by more than 120,000 people, calling on international development banks to rein in financial support for hydropower projects in the Balkans.
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