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 a landmark ruling in late February, the Kyrgyz parliament voted to renegotiate a contract signed in 2009 with the Canadian mining firm Centerra Gold Inc. for the exploitation of the Kumtor gold mine, near the border with China. The 2009 deal is the most recent form of the contract between the Kyrgyz state and Centerra that has had a presence in the central Asian republic since the late nineties.
Commission lays down sustainable energy pointers to EIB
March 7, 2013 | Read more
The public consultation on the EIB’s review of its energy policy is well underway now, with the bank’s intention being to have the new policy in place sometime this summer. While not part of the review process as such, following an official request for information Bankwatch has received comments submitted by the Directorate-General for Environment of the European Commission to the EIB as part of ongoing exchanges between the bank and the Commission.
The industry frenzy surrounding the development of shale gas in Europe is gathering pace, with the announcement in late January of a EUR 400 million deal between Shell and Ukraine to develop the country’s shale gas potential.
Kurt Bayer, until recently Austria’s executive director at the European Bank for Reconstruction and Development, has for several years maintained an interesting blog covering issues such as the Eurozone crisis and development finance more generally. Following his departure from the EBRD, might we start seeing a few more revealing insights from Mr Bayer about life – and some of its frustrations – at 1 Exchange Square, London?
EBRD and EIB: Stop financing coal!
March 5, 2013 | Read more
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are public development banks, which should lend money only for environmentally sustainable projects. Yet in reality, while both banks are increasing their investments into energy efficiency and renewable energy, they are undermining this by financing coal and other fossil fuels. Since both banks are adopting new energy policies in 2013 now is the time to act.
