February 6, 2014
Before claiming the moral high ground on fighting corruption in Ukraine, the European Bank for Reconstruction and Development should first of all brush up its own transparency policy and drop old-fashioned arguments in favour of confidentiality and secret conditionalities in its projects.
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.
September 11, 2013
Demonstrations in Kiev have shown that road safety is not only for cars but also pedestrians and other traffic participants – a lesson that the Ukrainian road company still needs to learn and that the European Bank for Reconstruction and Development should be teaching more actively.
August 28, 2013
As part of the consultation on its energy sector strategy the EBRD next week hosts public meetings in Istanbul, Belgrade and Moscow to discuss with civil society from its countries of operation. While public pressure is increasing to end coal financing it is important to note that restrictions to carbon-intensive investments must be strictly and clearly defined in the strategy document if they are to improve the EBRD’s climate impact. An article from Bankwatch’s 2012 annual report (pdf) illustrates how a too flexible approach allows the EBRD to greenwash also very dirty investments.
Exposing the nuke-speak: responses to the EBRD’s justification for financing nuclear lifetime extensions
March 29, 2013
In an unprecedented effort to defend its support for Ukraine’s nuclear programme the EBRD publicly replies to some of our objections. Several colleagues sent us their (sometimes outraged) rebuttals, which we include here in our rejoinder to the bank’s arguments.
March 11, 2013
The European Bank for Reconstruction and Development is expected to take a decision tomorrow on whether or not to provide a EUR 300 million loan for a nuclear power plant Safety Upgrade Programme in Ukraine. This article from our quarterly Bankwatch Mail sums up the issues at hand.
February 13, 2013
If you thought the purpose of a nature reserve is to protect wildlife from disruptive human interference, then you’re wrong – at least when it comes to nature that’s in the way of electricity infrastructure in Ukraine.
December 7, 2012
A protest action held today in front of the EBRD office in Kiev by Greenpeace and Bankwatch highlighted the dangers of Ukraine’s plans to prolong the operations of its 15 nuclear reactors. The groups called on the European Bank for Reconstruction and Development (EBRD) to take safety more seriously than Ukrainian authorities and invest in decommissioning rather than lifetime extensions.
November 15, 2012
What a week in the fight for clean British energy: scandal erupted when Conservative Party members were exposed colluding with James Delinpole, in his obsessive efforts to wipe wind-farms off the map, and Ed Davey’s statement in the Commons yesterday about energy companies fixing gas prices demonstrated once again the urgent need to overhaul our energy system. Not only are elements of this government trying to undermine a green future here in the UK, they are also threatening green hopes in Ukraine. Among all the energy market mayhem, you’d be forgiven for missing it, but in addition to messing up our own clean energy karma, the UK may actually back a huge European loan for the Ukrainian nuclear power sector. http://www.foe.co.uk/blog/nuclear_energy_uk_ukraine_38000.html
October 22, 2012
A closer look at Ukraine’s energy strategy reveals fundamental flaws in the government’s plans to continue using old nuclear reactors and its rhetoric of nuclear being the only possible alternative.