Ukraine Reconstruction Campaigner
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Anna is Bankwatch’s Ukraine Reconstruction Campaigner, working on green reconstruction and environmental safeguards in Ukraine’s recovery. Her work focuses on alternative sources of energy for communities, energy resilience, and the alignment of Ukraine’s energy policy and public investment management system with EU standards. Originally from Kyiv, she holds an MSc in Environmental Sciences and Policy from Central European University and is based in Bratislava.
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In recent years, the EBRD has increasingly recognised the important role that states play in the transition to a well-functioning market economy that is based on strong institutions and the inclusion of all social groups into the economy. For this, states need resources, and taxation is one of the main means to ensure them.
At the present stage, the Partnership Agreements and the Operational Programmes for the next Cohesion Policy period (2014-2020) are not proving to be sufficient for effectively catalysing the EU’s transition towards resource efficient, renewable energy based economies. In this letter to the Director Generals for Regional Policy, Environment and Climate Change, European environmental NGOs raise their worries over the Programming of EU Funds in EU Member States. The main concern is that environmental priorities are not being properly addressed.
EBRD joins other financial institutions in restricting coal lending
December 10, 2013 | Read more
The European Bank for Reconstruction and Development (EBRD) approved today during a vote of its Board of Directors a new Energy Strategy. The document is meant to give guidance on how to strategically use the bank’s resources over the next years to promote energy security and affordability and avoid dangerous climate change.
EBRD soft on coal sector corruption, new analysis shows
December 9, 2013 | Read more
The European Bank for Reconstruction and Development has been approving financing for coal projects over which corruption allegations loom, and in some cases even while official corruption investigations were underway, according to an analysis published by CEE Bankwatch Network today.
The EBRD is about to approve a new energy strategy, yet it is unclear to what extent it will follow other public lenders in halting coal financing. In this paper we step away from the discussions on climate issues to take a look at another reason why the EBRD should be wary of investing in coal projects: corruption.
