July 7, 2014
The EBRD should stick to its newly approved Energy Strategy and reject any investments in the Serbian coal sector, argue a group of 7 international NGOs in a letter sent to the bank’s board of directors today. The groups were concerned with recent statements by the EBRD according to which the bank’s regional flood response in the Balkans could include “rehabilitation of (…) damaged power stations and transmission and distribution networks.”
July 7, 2014
This letter, co-signed by Serbian, regional and international NGOs and sent to the Board of Directors of the European Bank for Reconstruction and Development ask whether in the aftermath of the recent floods in the western Balkans, the EBRD’s response will prop up Serbia’s coal sector or whether it will ensure that its post-flood assistance is used for much needed residential energy efficiency improvements and sustainable renewable energy.
July 2, 2014
A new report by the Belgrade-based NGO CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions. Propping up the already dominant coal sector, however, will likely further increase Serbia’s vulnerability to extreme weather events. Increasing Serbia’s energy efficiency and renewables generation would be the wiser choice.
When water mixes with coal – The impacts of the floods in Serbia on people living next to lignite mines
May 30, 2014
People living next to the Kolubara lignite mine in Serbia have suffered more under the floods due to the vicinity of the mine. Their demands for resettlement and compensation have now become more urgent than ever.
February 4, 2014
Facing criticism by the European Parliament of its progress on climate friendly energy sources, the Serbian government tells Bankwatch’s member group that the future of the country’s energy system is none of their business.
July 3, 2013
People in Junkovac (Serbia) are still waiting for information on how they will be compensated after a landslide connected to the Kolubara lignite mine has destroyed several houses and terrified the town one month ago.
June 4, 2013
A quick visit to the Kolubara mining basin reveals that the resettlement there looks nothing like the presentation from the European Bank for Reconstruction and Development.
April 16, 2013
By investing in Serbian lignite, the European Bank for Reconstruction and Development cements the rigid structure of the country’s electricity market. Investing in energy efficiency instead could help reduce energy bills and free up further renewables funding.
July 26, 2012
The EBRD’s claims it has helped turn Serbia into a “role model for social inclusion of Roma” ring hollow in light of the plethora of abuses of Romas’ rights in other cases in Serbia.
June 28, 2012
On a visit to the Kolubara mining complex in Serbia, Bankwatch staff was denied a meeting with the mining company, because of them caring for the environment.